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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

Its DAU, in Q1 2018, has reached 45.6 million, up 161.1% MoM.

Toutiao's Tik Tok takes off, outperforming Facebook and YouTube to become the world's most downloaded app  | KrASIA

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Toutiao&#8217;s Tik Tok takes off, outperforming Facebook and YouTube to become the world&#8217;s most downloaded app 

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

KrASIA

I'm Xiaochun with KrASIA [kri’eɪʃə], a newborn digital media with a dedication to help Asia uncover its innovations and to create.

https://secure.gravatar.com/avatar/760c9db0d4ccfee316355af963bfcbc0?s=96&d=mm&r=g

Xiaochun Zhao

Rival Mobike was acquired by Meituan-Dianping last month.

Ofo cuts order for new bicycles, as some Chinese cities thwart the development of bike-sharing services | KrASIA

Ofo cuts order for new bicycles, as some Chinese cities thwart the development of bike-sharing services

GrabTaxi Holdings Pte. Ltd. is a transportation network company based in Singapore. In addition to transportation, the company offers food delivery services via mobile app. It operates in the Southeast Asian countries of Singapore, Malaysia, Indonesia, Philippines, Vietnam, Thailand, Myanmar, and Cambodia. 

Grab

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

On-Demand Services

Grab counts SoftBank and Didi Chuxing as backers

Grab reportedly adding $1 billion to its war chest, expecting competition with local and foreign rivals | KrASIA

Grab reportedly adding $1 billion to its war chest, expecting competition with local and foreign rivals

Deal book: Ant Financial invests in car-sharing startup Like; VR startup Aurovis aims to provide affordable VR and 360-degree camera

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

Investments in transportation, consumer, media, enterprise services, e-commerce, and VR.

Deals | Deal book: Ant Financial invests in car-sharing startup Like; VR startup Aurovis aims to provide affordable VR and 360-degree cameras | KrASIA

Deals | Deal book: Ant Financial invests in car-sharing startup Like; VR startup Aurovis aims to provide affordable VR and 360-degree cameras

Xiaomi Corporation is a Chinese electronics company headquartered in Beijing. Xiaomi makes and invests in smartphones, mobile apps, laptops, and related consumer electronics.

Xiaomi

CK Hutchison Holdings Limited will sell Xiaomi products in its 17,700 stores.

Xiaomi smartphones to be available in the hand of wider swaths of European users | KrASIA

Xiaomi smartphones to be available in the hand of wider swaths of European users

The revenue growth comes against the backdrop of a brutal competition with Tencent-backed JD and Pinduoduo.

KrASIA Weekly Roundup: Alibaba reports the highest revenue growth of core e-commerce businesses since IPO | KrASIA

KrASIA Weekly Roundup: Alibaba reports the highest revenue growth of core e-commerce businesses since IPO

Tencent Music moves toward US IPO; Valuation said to double in four-month time

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

Entertainment is a form of activity that holds the attention and interest of an audience or gives pleasure and delight. 

Entertainment

Tencent Music operates China's 3 most popular music-streaming apps.

Tencent Music moves towards US IPO; Valuation said to double in four-month time | KrASIA

Tencent Music moves towards US IPO; Valuation said to double in four-month time

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.

Chinese unicorn UBTECH Robotics raises $820 million from Tencent-led consortium | KrASIA

Chinese unicorn UBTECH Robotics raises $820 million from Tencent-led consortium

Didi Chuxing Technology Co., formerly Didi Kuaidi, is a Chinese transportation network company, artificial intelligence and autonomous technology conglomerate.

Didi

The partnership is part of Didi Chuxing’s alliance with 31 companies in the auto industry.