China

Huawei and Honor are absent from the list of early adopters of the chip.

Nasdaq-listed Nio also reported record-high deliveries in the same month.

As cross-border travel is still restricted, the China market has rebounded strongly.

ByteDance’s TikTok has dislodged Instagram as the go-to platform for Indonesian influencers, but Kuaishou’s Snack Video is giving TikTok a run for its money.

Douyin Huoshan and Douyin have more than 600 million daily active users.

The Hangzhou-based internet giant also owns a minority stake in the Netease Cloud Music service.

KPMG expects a rise in M&A activity in the near future.

China’s largest on-demand service platform has been one of the slowest tech giants to rebound from the impact of COVID-19, but the recovery is underway.