Byte’s new lifestyle app Lemon8 unexpectedly takes the US app market by storm, even ranking first in the lifestyle app category.

Localization efforts, AI capabilities, and in-person showcases are helping to fuel social commerce.

At the four-day event in Austin, Texas, the dropshipping platform took the opportunity to showcase its AI-powered capabilities for content creators to sell products.

ChatGPT sparks chatbot race.

Hype or not, chips could be real issue for Chinese companies’ AI competition.

Alibaba, Pinduoduo and ByteDance seek new overseas markets as growth slows at home.

VC money brings name recognition and networking, but security concerns abound.

Venture funding takes a hit after a historic boom in venture capital investment in 2021.