NewsNasdaq to delist scandal-hit Luckin Coffee"The decision is out of my expectations," said Luckin's chairman Lu Zhengyao.2 mins read
The 58-year-old businessman will also serve as chief operating officer of ByteDance.NewsCHINA BRIEF | ByteDance hires ex-Disney executive as new TikTok CEO1 min read
A total of 15 million companies have joined Dingtalk, according to the platform's CEO Chen Hang.NewsCHINA BRIEF | Alibaba's DingTalk reaches 300 million users as COVID-19 shifts life online1 min read
Bytedance is a latecomer in the IoV sector filled with players including Alibaba, Tencent, and Baidu.NewsByteDance steers into automobile sector with plans to integrate Douyin and Toutiao into cars2 mins read
The company's digital payment services have been used by more than one-third of the country's population.NewsCHINA BRIEF | Ant Financial invests USD 73.5 million in Myanmar firm Wave Money1 min read
The company has gone live an enterprise-facing cloud service platform called Huoshan Yinqing.NewsByteDance ventures into cloud computing sector with launch of Huoshan Yinqing2 mins read
Kuaishou sets a yearly target of RMB 250 billion in livestreaming e-commerce GMV, above Douyin's target of RMB 200 billion.NewsKuaishou sets goal to beat Douyin livestream sales by USD 7 billion3 mins read
Data Grand develops tech that can partially replace humans in a variety of tasks including data comparison and analysis and document reading.NewsCHINA BRIEF | AI startup Data Grand closes USD 38 million Series B+ round1 min read
The firm generated USD 904.9 million in revenue in the first quarter, representing a yearly 35.3% historical high increase.NewsChina Brief | Chip foundry firm SMIC books USD 64.2 million in net profits, up 422.8% year-on-year1 min read