Tencent

Although group-buying has been around in China way before the COVID-19 pandemic, the sector enjoyed renewed popularity thanks to social distancing measures.

Both cooperated on different initiatives in the past years.

Each user on average displayed the health code 25 times since being launched.

Alibaba, Tencent, Baidu, and Meituan have all used variable interest entities to dodge rules on capital activity.

Major platforms, such as Alipay and JD Finance, removed deposit products last month.

Chinese entertainment firms are betting on the booming trend, but will virtual shows remain a thing after the pandemic?

Several high-profile ByteDance products flopped or failed to gain steam.

DingTalk has already been the most-used app of its kind before the pandemic.