ByteDance

After significant investments in gaming and facing a lack of commensurate success, ByteDance appears poised to conclude its venture in the gaming sector by winding down Nuverse.

With Meituan in the lead, Douyin posing a challenge, and other contenders striving to catch up, the jury is still out on the future state of China’s local lifestyle sector.

The new regulation mandates the clear segregation of social media and e-commerce activities, impacting TikTok Shop and the e-commerce landscape in Indonesia.

Among the roster of companies that obtained approval for their LLM products are not only tech giants like Baidu and Douyin Group, but also Chinese startups and research institutions.

The Chinese on-demand shopping platform has maintained its leading position despite the arrival of a new competitor in the form of ByteDance-owned Douyin.

Controversy around TikTok’s Project S could trigger regulatory change to protect the interests of local MSMEs in Indonesia.

US consumers are still choosing these apps despite privacy concerns, suggesting that they provide a superior user experience.

Security concerns and lack of market access drives crackdowns around the world.