NewsByteDance acquires Xingfuli, steering into real estate search businessA happy place for every user.1 min read
Its customers sometimes queue for hours for their tea.NewsMeituan-backed Heytea test drives beverage lockers in Shenzhen ahead of major financing round2 mins read
Tencent is already an investor in game-centric live streaming platforms including Huya and Douyu.NewsChina's second largest online gaming company NetEase eyes game-centric live-streaming business1 min read
Bricks-and-mortar supermarket chain meets marketing and sales prediction startup.NewsTencent-backed Yonghui Superstores sets up JV with AI unicorn 4Paradigm to prepare for new retail era1 min read
The CEO said changes have brought temporary pain, but the positive impact will be far-reaching, enabling a more solid and long-lasting future for his company.NewsAfter Baidu turns in a profitable Q2, founder Robin Li says company begins to "stabilize and pick up"2 mins read
An e-commerce app is still absent in the app factory which has created TikTok and Jinri Toutiao.NewsWith 1.5 billion monthly active users, ByteDance pivots toward e-commerce1 min read
Both companies are seeking ways to cut costs.NewsNio and Didi may merge their autonomous driving businesses2 mins read
It also recently bagged Qimao Novels, a free literature app and the Q&A platform Zhihu, which is similar to Quora.NewsBaidu buys stake in scientific Q&A platform Guokr.com to grow content portfolio1 min read
Sequoia Capital China and Reinsurance Group of America are its investors too.NewsTencent leads USD 28.4 million Series B round for online insurance platform Xiaobangguihua1 min read