NewsNintendo to market Switch console in ChinaThe Japanese games company partners with Tencent to clear regulatory hurdles. 1 min read
Tencent would own 20% of Kuaishou after the completion of the deal. NewsTencent leads Kuaishou’s USD 3 billion pre-IPO round with Jack Ma-backed Yunfeng Capital in tow1 min read
The platform will roll out a content creator center, and promises incomes of about USD 1,400 per month for its trendsetters. NewsSocial commerce unicorn Xiaohongshu wants to monetize by driving revenues for its content creators3 mins read
The platform has been deployed in powering various businesses within the Alibaba ecosystem. NewsAlibaba Cloud open-sources its machine learning algorithm platform Alink2 mins read
The e-commerce giant is enabling more companies to become digital, data-driven enterprises. News‘Cloud infrastructure is critical to the future of society’ and Alibaba wants to play its part, says CEO Daniel Zhang3 mins read
Asia’s most valuable company raised USD 12.9 billion in the biggest IPO globally this year. NewsAlibaba shares rise in Hong Kong market debut after completing biggest IPO in 20194 mins read
Paytm is now valued at USD 16 billion, making it one of the most valued Asian startups. NewsSoftBank participates in USD 1 billion round in Indian fintech decacorn Paytm2 mins read
ByteDance comes in second behind Alibaba but ahead of Baidu in China’s digital media spending market by revenue. InsightsTikTok owner ByteDance becomes second-largest digital ad player in China behind only Alibaba2 mins read
Alibaba now controls a 50% stake of the company. NewsAlibaba’s latest move in new retail: Investing in milk delivery startup Tianxianpei2 mins read