NewsKuaishou reportedly lays off 30% of mid-level staff amid sweeping crackdownsMajor Chinese internet companies are downsizing as losses grow. 2 mins read
Two content promoters were charged with “accepting bribes by a non-state functionary.” NewsTwo ByteDance employees receive prison sentences for illegally promoting content for profit2 mins read
The super app will soon allow users to share listings of goods on e-commerce sites run by other companies. NewsWeChat unblocks more links to rival apps and websites2 mins read
The new normal has drastically changed how local consumers use social media and entertainment platforms. News4 key stats from Decision Lab’s Q3 report on Vietnamese consumers’ online behaviors3 mins read
The company works with a regional network of content creators that rack up 3 billion monthly views. NewsSingapore’s Hepmil Media Group raises USD 10 million Series A for ‘decentralization of media’2 mins read
Generation raised on social media moves past stigma of domestic brands. NewsOK, Zoomers: Chinese youth help cosmetics industry boom2 mins read
Amid growing competition, an increasing number of Indian short video startups are tapping into the booming social commerce sector. InsightsIndian short video startups are embracing social commerce amid increasing monetization pressure8 mins read
JD Finance was penalized in July for developing the ad, which featured a lending app. NewsDouyin and Kuaishou fined for running JD Finance ad deemed ‘predatory’2 mins read
The short video company’s share price has nosedived by 80% from its peak in February. NewsKuaishou restructures business to reboot operations after slowed Q22 mins read
NewsDeals in brief: Airwallex expands into Vietnam with CTIN Pay acquisition, Finory and Darwinbox raise funding, 16 new China deals, and more