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The live streaming business is Kuaishou’s main revenue source, contributing 90% of the firm’s total revenues. NewsOver 100 million users watch live streaming shows on Kuaishou every day, says the firm2 mins read
Chinese manufacturer taps new market abroad as Huawei eats its lunch at home. NewsXiaomi seeks fans in Japan with budget-friendly phones3 mins read
The company has lost its edge in the China market. NewsBaidu-backed lidar sensor maker Velodyne lays off Beijing office and halts direct sales in China3 mins read
Ant Financial’s Alipay is valued at over USD 150 billion and is now expanding quickly outside of China. NewsHow Alipay is killing cash in China, and wants to take the world stage6 mins read
The company provides a data-driven integrated platform for companies in the chemical industry. NewsSequoia-backed chemical e-commerce firm Molbase files for USD 70 million IPO1 min read
The company also has presence in Indonesia and Brazil. NewsGeneral Atlantic and GGV Capital said to invest in Indian edu-tech startup Unacademy2 mins read
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