China

Tencent doesn’t have a platform to directly rival Alibaba’s Taobao, but it remains relevant in the e-commerce space thanks to WeChat and investments in other e-commerce platforms.

The company is a spinoff of Chicago-based MRO products giant Grainger.

This is an abbreviated summary of KrASIA’s Decoded Episode 1 on ByteDance.

Dingdong is likely in the process of arranging pre-listing equity allocation, says one industry investor.

The subsidiary develops microchips that enable intelligent control, sensing, and fingerprint identification.

Ant Group and MYbank will continue to support the research, development, and trials of the PBOC’s e-CNY.

Media copyright and sponsorships form the lion’s share of revenue in e-sports, and Tencent is behind the mega-deals in China.

The number of podcast creators and listeners is growing in China, and a rush of tech companies are looking to find ways for sustainable monetization.