China

TikTok Shop was launched in Indonesia in mid-April, at the beginning of Ramadan, with heavy celebrity endorsement.

Investor CICC Capital expects Supermonkey to take a dominant role in China’s fragmented fitness sector.

This is the second JD.com spinoff to list after JD Health raised USD 3.5 billion in December.

China Venture Roundup Volume 30 covers China’s investment activity from April 26 – May 2, 2021.

iQiyi has 101.7 million subscribing members and 100.7 million individuals with trial memberships.

Every successful proptech firm in the west has its local counterpart in the most populous country in the world.

Beyond the record-setting fines, China’s tech firms are now a new kind of business entity.

B2B startups in China are racing to define the standards for tech-empowered processes, and a rapid evolution is taking place in how businesses operate.