ByteDance

Pinduoduo predicts annual gross merchandise volume on its platform from agriculture to exceed RMB 1 trillion (USD 146 billion) in annual GMV in five years.

The US Commerce Department said that it would delay by one week restrictions on distribution and maintenance of the WeChat and TikTok apps.

Instagram co-founder Kevin Systrom could become the new TikTok CEO.

Commerce Secretary Wilbur Ross is set to release regulations by Sunday clarifying which WeChat transactions will be prohibited.

The Chinese app factory has submitted a proposal to mollify the Trump administration at the eleventh hour, leaving TikTok’s fate in the balance.

The move, which the company said will serve to improve consumer safety, is another step for ByteDance towards making Douyin a fully-fledged e-commerce platform.

The company is currently hiring for more than 200 Singapore-based positions, including roles for Thai and Vietnamese speakers.

The move comes amid significant disruption in China’s search engine industry, with Tencent buying Sogou and ByteDance releasing Toutiao Search.