NewsLosing ground, Baidu is surpassed by NetEase in market capitalizationJD.com and Meituan are ahead of the Chinese search engine giant too.1 min read
Quality issues with vehicles and drivers persist.NewsDidi struggles in Shanghai: Operating without a license, driver arrested, warned of a ban or even internet access cut3 mins read
Fintech and business services account for a quarter of the conglomerate's revenue, while gaming still accounts for one-third.NewsTencent's fintech and cloud business outgrow gaming2 mins read
Cheap fresh produce is a tool for Pinduoduo to gain trust.NewsPinduoduo eyes 100 million orders for agricultural produce in 12 days, linking with 20,000 merchants1 min read
The company predicts that it's on track to reach the store level break-even point during the third quarter.NewsLuckin Coffee's revenue increases 700% while net loss widens 100% in Q22 mins read
Behind this cooperation is AliExpress' sales growth in 2018. NewsAlibaba's cross-border e-commerce platform AliExpress allies with search engine Naver to boost sales to South Korean consumers1 min read
The core live-streaming business is growing well while the newer businesses short video and video conferencing are growing super fast.NewsAfter acquiring BIGO, China's live-streamer YY says it gains 80% of its users from overseas2 mins read
Its controversial corporate shuffle has yielded positive results.NewsAt a turbulent juncture, JD.com reports overall profits and break-even for logistics business2 mins read
Douyu is now the largest game-centric live-streaming site in China by MAU.NewsChinese live-streaming platform Douyu reports profits after its struggling IPO2 mins read