KrASIA Connection

Kuaishou has fought hard to compete with ByteDance’s TikTok outside of China, with its Zynn and Snack Video making promising debuts in 2020.

The company is emboldened by its advantages built up in China’s mature e-commerce and logistics landscape, along with burgeoning demand for Chinese products.

Lu Zhengyao has reformed his strategic preference for capital-intensive subsidies in favor of a patient and measured approach.

Zhuanzhuan Group’s B2B subsidiary Caihuoxia increases the efficiency and transaction volume of secondhand recyclers and merchants.

iMin expects sales for 2021 to surpass the USD 10 million mark.

Over 20 Chinese investment firms backed battery giant CATL, altogether generating over RMB 100 billion in profits from the venture.