Kimstore has managed to secure a loyal following. InsightsFinding a niche: How local online marketplaces in the Philippines take on foreign e-commerce platforms4 mins read
The company’s share price has dived more than 60% in the past three months. NewsCEO of Alibaba- and Tencent-backed news app Qutoutiao resigns amid widening losses2 mins read
The company’s business model of letting users whip up friends to buy in bulk is a hit. NewsPinduoduo beats expectations, but losses continue to swell1 min read
The company beat market expectations. NewsXiaomi highlights international business and IoT in buoyant Q1 20192 mins read
Marvel hopes to translate its box office success in China into windfalls in gaming. NewsNetEase to exclusively distribute Marvel game in China1 min read
Its revenue growth lags behind. NewsPinduoduo books 738% y-o-y increase in operating losses for Q1 20191 min read
The move comes just after competitor Bianlifeng upped its registered capital. NewsSuning issues USD 750 million in new shares to expand convenience stores2 mins read
It’s its second horse in the race to challenge WeChat. Tencent might hit back. NewsByteDance launches new social app to challenge WeChat1 min read
It’s aggregating several smaller players on its platform hoping to create synergies with its other services NewsMeituan expands its ride-hailing service to 15 cities with one smart move1 min read
Baidu is in urgent need to find a new frontier and smart speakers are very good entry points for their services NewsBaidu dethrones Alibaba as China’s top smart speaker vendor in Q1 20192 mins read