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Education is the process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits. The education industry is fast-reforming nowadays. 

Education

The firm's founder responded to the allegations saying the company’s executive management team was “speechless by such a shameless report.”

Amid increased financial scrutiny, US-listed Chinese online education firm GSX Techedu also hit with fraud allegations | KrASIA

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Amid increased financial scrutiny, US-listed Chinese online education firm GSX Techedu also hit with fraud allegations

Spotlighting Asia&#039;s next wave of innovations.

KrASIA

https://secure.gravatar.com/avatar/97c6efc8331551170f56164eb4eb35c6?s=96&d=mm&r=g

Sun Henan

ByteDance or Beijing ByteDance Technology Co Ltd. is a Chinese Internet technology company operating several machine learning-enabled content platforms, headquartered in Beijing. It was founded by Zhang Yiming in 2012. ByteDance's core product, Toutiao, is a popular content platform in China.

Bytedance

Zhang became the chairman of ByteDance’s China business in March.

CHINA BRIEF | Chairman of ByteDance’s China business Zhang Lidong steps down as legal representative of Musical.ly | KrASIA

CHINA BRIEF | Chairman of ByteDance’s China business Zhang Lidong steps down as legal representative of Musical.ly

Tencent Holdings Limited is a Chinese multinational investment holding conglomerate whose subsidiaries specialize in various Internet-related services and products, entertainment, artificial intelligence and technology both in China and globally.

Tencent

In computer science, artificial intelligence (AI), sometimes called machine intelligence, is intelligence demonstrated by machines, in contrast to the natural intelligence displayed by humans and animals.

The two companies are among seven startups the giant has invested in via its Tencent Industry Win-Win Fund since March.

Tencent bets big on AI development with investment in two startups | KrASIA

Tencent bets big on AI development with investment in two startups

The Internet of things (IoT) is the extension of Internet connectivity into physical devices and everyday objects. Embedded with electronics, Internet connectivity, and other forms of hardware, these devices can communicate and interact with others over the Internet, and they can be remotely monitored and controlled.

Transport or transportation is the movement of humans, animals, and goods from one location to another. 

Transportation

The firm is eyeing AI and IoT sectors to seek new paths for growth.

CHINA BRIEF | State-owned automaker FAW Group invests in AI by establishing new subsidiary | KrASIA

CHINA BRIEF | State-owned automaker FAW Group invests in AI by establishing new subsidiary

Meituan-Dianping is a Chinese group buying website for locally found food delivery services, consumer products and retail services. The company is headquartered in Beijing and was founded in 2010 by Wang Xing. The Meituan.com site offers deals of the day by selling vouchers on local services and entertainment.

Meituan

An on-demand service platform connects waiting-time-sensitive customers with independent service providers.

On-Demand Services

Customers can have the latest Huawei P40 smartphone delivered to their homes within an hour.

Meituan challenges e-commerce giants by offering delivery services for smartphones and cosmetics | KrASIA

Meituan challenges e-commerce giants by offering delivery services for smartphones and cosmetics

Alibaba Group Holding Limited is a Chinese multinational conglomerate specializing in e-commerce, retail, Internet and technology. 

Alibaba

Medical technology, or "medtech", encompasses a wide range of healthcare products and is used to treat diseases and medical conditions affecting humans. 

MedTech

The smart microscope is the first of its kind to be allowed in clinical applications in China.

Tencent develops AI-powered smart microscope to refine cancer diagnosis | KrASIA

Tencent develops AI-powered smart microscope to refine cancer diagnosis

Ant Financial Services Group, formerly known as Alipay, is an affiliate company of the Chinese Alibaba Group. Ant Financial is the highest valued fintech company in the world, and the world's most valuable unicorn company, with a valuation of US$150 billion. 

Ant Group

Venture capital is a type of private equity, a form of financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth.

Venture Capital

Ningde Zhixiang was established in 2016 with a total investment of USD 141.6 million from the three companies.

CHINA BRIEF | E-scooter battery-sharing company set by Hello Chuxing, CATL, and Ant Financial raises USD 28.3 million | KrASIA

CHINA BRIEF | E-scooter battery-sharing company set by Hello Chuxing, CATL, and Ant Financial raises USD 28.3 million

Regulators accused Baidu of spreading inappropriate content and lacking strict content management.

China's internet regulator calls on Baidu to rectify content on its app  | KrASIA

China&#8217;s internet regulator calls on Baidu to rectify content on its app 

Some point to a run on pre-bought coffee coupons amid the specter of bankruptcy.