NewsCHINA BRIEF | ByteDance releases AI-based English learning app for kids under eightThe new app goes head-to-head with Tencent-backed edtech startup Yuanfudao. 1 min read
The Shenzhen-based internet giant has paid USD 262.6 million to take control of game livestreaming platform Huya. InsightsTencent bolsters lead in China’s video game livestreaming market, fending off rivals ByteDance, Alibaba3 mins read
Douyin wants its users to connect to others via video calls. NewsCHINA BRIEF | ByteDance’s Douyin tests new real-time video chat function1 min read
Video games and new TV episodes were also put on hold. NewsChina’s internet goes black and white on day of mourning for pandemic victims2 mins read
Narwal Robotics unveiled its first autonomous robot cleaner, the Narwal T10, last year. NewsCHINA BRIEF | ByteDance co-leads USD 14 million investment in robot cleaner startup Narwal Robotics1 min read
Livestreamer uses Taobao to sell rocket launch service for USD 5.6 million. NewsYour next Taobao shopping cart item: a USD 5.6 million rocket launch service2 mins read
The big-talking entrepreneur sold USD 15.5 million goods and gained 200 million new followers on Douyin following his first e-commerce livestream. InsightsSmartisan founder turned e-commerce livestreamer: Luo Yonghao debuts on Douyin4 mins read
Chinese version of TikTok now offers dozens of free films, including The Last Emperor, Farewell My Concubine and The Great Wall. NewsDouyin is turning into a movie streaming platform2 mins read
Inke was an early leader in the livestreaming sector, but has lost market share to large competitors. NewsLivestreaming platform Inke posts revenue decline despite efforts to regain lost luster2 mins read
NewsDeals in brief: Habitto raises Series A funding, OpenAI tender offer to boost SoftBank’s stake, Deutsche Bank backs Partior, and more