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36Kr (EN)

Alibaba Group Holding Limited is a Chinese multinational conglomerate specializing in e-commerce, retail, Internet and technology. 

Alibaba

Alibaba Cloud

Bringing together the latest business insights and trends of China's tech ecosystem.

China Tech

Vietnam

The Chinese tech group is renting server space from state-owned partners in the meantime.

Alibaba to build Vietnam data center to follow local storage law | KrASIA

Home

Alibaba to build Vietnam data center to follow local storage law

Spotlighting Asia&#039;s next wave of innovations.

KrASIA

As part of 36Kr’s ongoing partnership with Nikkei, you can read selected content from Nikkei Asia on KrASIA.

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Nikkei Asia

ByteDance or Beijing ByteDance Technology Co Ltd. is a Chinese Internet technology company operating several machine learning-enabled content platforms, headquartered in Beijing. It was founded by Zhang Yiming in 2012. ByteDance's core product, Toutiao, is a popular content platform in China.

Bytedance

Douyin

Tiktok

In computer science, artificial intelligence (AI), sometimes called machine intelligence, is intelligence demonstrated by machines, in contrast to the natural intelligence displayed by humans and animals.

Content

Creative

With the spread of Internet global accessing (fastest Internet broadband connection TCP with accumulator cables and semi-fast connection), Short Video services have become very popular online. 

Short Video

Video

The automatic labeling of AI-generated content on TikTok is a small step in an uphill battle against the misuse of AI.

Will TikTok’s new content labels really combat AI misinformation? | KrASIA

Will TikTok’s new content labels really combat AI misinformation?

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Jeff Chay

Photo of Victor Lysenko, founder and CEO of Osome.

Angel Investing

Investment

Merger &amp; Acquisition

Private Equity

Venture capital is a type of private equity, a form of financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth.

Venture Capital

Cambodia

India

Singapore

Bringing you the latest updates on funding deals and activities in the Asia Pacific.

Deals in brief: Osome extends Series B round, Kasagi Labo lands pre-Series A funding, Husk bags USD 5 million from Mekong Capital, and more | KrASIA

Deals in brief: Osome extends Series B round, Kasagi Labo lands pre-Series A funding, Husk bags USD 5 million from Mekong Capital, and more

KrASIA | Douyin Archives

Kuaishou (Chinese: 快手) is a platform for recording with millions of original fresh videos everyday.

Kuaishou

Tencent Holdings Limited is a Chinese multinational investment holding conglomerate whose subsidiaries specialize in various Internet-related services and products, entertainment, artificial intelligence and technology both in China and globally.

Tencent

Tencent Weishi

Entertainment is a form of activity that holds the attention and interest of an audience or gives pleasure and delight. 

Entertainment

Tencent abandoned plans to acquire iQiyi due to tightened anti-monopoly regulations.

Tencent merges video teams to draw eyeballs away from Douyin and Kuaishou | KrASIA

Tencent merges video teams to draw eyeballs away from Douyin and Kuaishou

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Song Jingli

ByteDance to file IPO with a valuation of USD 400 billion

The company's subsidiaries may seek their own listings in New York, Hong Kong, and Shanghai. With a valuation of nearly USD 400 billion, app factory ByteDance—known chiefly as the company behind TikTok, Douyin, and Toutiao—has submitted a letter to the Hong Kong Stock Exchange indicating the company is seeking underwriters for a listing in Hong Kong, local news media China Securities reported on Wednesday, citing an anonymous source.

KEY STAT | ByteDance initiates process for mammoth listing in Hong Kong | KrASIA

KEY STAT | ByteDance initiates process for mammoth listing in Hong Kong

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Julianna Wu

The game industry is the economic sector involved in the development, marketing, and monetization of games. It encompasses dozens of job disciplines and its component parts employ thousands of people worldwide.

Gaming

Chinese short video giant ByteDance—via its gaming unit Nuverse—is acquiring the Shanghai-based mobile game developer Moonton, further encroaching onto Tencent's territory.

ByteDance buys game developer Moonton to take on Tencent | KrASIA

ByteDance buys game developer Moonton to take on Tencent

13,000 new hires for ByteDance's education unit

Edtech

Education is the process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits. The education industry is fast-reforming nowadays. 

Education

ByteDance, the owner of TikTok and Douyin, is hiring thousands of new talents for its education product Dali over the next four months, the company said in one of its WeChat accounts last Friday. The new positions cover teaching, product design, visual design, and community management, among others.

KEY STAT | ByteDance to boost education business with 13,000 new hires | KrASIA

KEY STAT | ByteDance to boost education business with 13,000 new hires

The relatively understated and press-shy ByteDance executive was responsible for creating short-video sensation Douyin.

Kelly Zhang is ByteDance's #2. How did she get there? | KrASIA

Kelly Zhang is ByteDance&#8217;s #2. How did she get there?

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AJ Cortese

Pinduoduo is an e-commerce platform allowing users to participate in group buying deals. It was founded by Colin Huang as Shanghai Dream Information Technology Co., Ltd. in September 2015.

Pinduoduo

E-commerce is the activity of buying or selling of products on online services or over the Internet. 

E-Commerce

The department was only created in June last year.

ByteDance plans to relocate its Douyin e-commerce unit to Shanghai | KrASIA

ByteDance plans to relocate its Douyin e-commerce unit to Shanghai

Social Impact

Douyin stagnated at the pre-holiday level of about 600 million DAUs. Newly-listed short video service Kuaishou's (HKEX: 1024) daily active users (DAUs) spiked to nearly 500 million during the Chinese New Year holiday earlier this month, local media LatePost reported, representing a new record for the Douyin rival.

KEY STAT | Kuaishou boosts user numbers in successful CNY campaign | KrASIA

KEY STAT | Kuaishou boosts user numbers in successful CNY campaign

Taobao

Tmall

Retail

ByteDance has increasingly threatened e-commerce platforms such as Alibaba, JD.com, and Pinduoduo as shoppers crave interactive video content and livestreaming.

Alibaba denies that Lazada CEO in Thailand will join ByteDance's e-commerce unit | KrASIA

Alibaba denies that Lazada CEO in Thailand will join ByteDance&#8217;s e-commerce unit

Kuaishou's blockbuster Hong Kong debut showed the huge investor appetite in the short video market.

ByteDance's Douyin eyes New York listing: Report | KrASIA

ByteDance&#8217;s Douyin eyes New York listing: Report

Wency Chen is a reporter KrASIA based in Beijing, covering tech innovations in&amp;beyond the Greater China Area. Previously, she studied at Columbia Journalism School and reported on art exhibits, New York public school systems, LGBTQ+ rights, and Asian immigrants. She is also an enthusiastic reader, a diehard fan of indie rock and spicy hot pot, as well as a to-be filmmaker (Let’s see). Follow her on Twitter: @ChenWQ45 Tips go to: wency@kr-asia.com

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