NewsJack Ma leaves SoftBank board after 13 yearsIndependent directors named as CEO Son tries to boost confidence after big loss. 4 mins read
The company has gone live an enterprise-facing cloud service platform called Huoshan Yinqing. NewsByteDance ventures into cloud computing sector with launch of Huoshan Yinqing2 mins read
Kuaishou sets a yearly target of RMB 250 billion in livestreaming e-commerce GMV, above Douyin’s target of RMB 200 billion. NewsKuaishou sets goal to beat Douyin livestream sales by USD 7 billion3 mins read
Cainiao has partnered with 4PX Express, a cross-border e-commerce solutions provider headquartered in Shenzhen, Guangdong province. NewsCHINA BRIEF | Alibaba’s Cainiao launches international postage service as COVID-19 pandemic slows logistics1 min read
The Canadian cafe chain aims to tap on China’s online coffee market, following the rise of several coffee brands in recent years. Visual StoriesKEY STAT | Tencent to aid Tim Hortons’ expansion in China2 mins read
The app is still not available to the public, but might be at the end of May. NewsJD.com teases work collaboration market as it unveils video conferencing app JoyMeeting1 min read
As labor costs rise and demand is down, the relationship between Meituan and merchants has become strained, echoing resentment against Taobao in its early days. InsightsCOVID-19 exposes fragility of Meituan’s relationship with restaurants4 mins read
The Chinese entertainment industry is scrambling to figure out how to offset expected losses. NewsStreaming giants and production studios issue proposal to ‘rescue’ struggling Chinese film industry2 mins read
By late 2019, Huawei accounted for 13% to 15% of TSMC’s sales. NewsCHINA BRIEF | Alibaba ramping up TSMC orders as Huawei moves to mainland for chips1 min read
