The United States alone accounted for about two-thirds of TikTok’s global revenue. NewsTikTok global revenue reached USD 11 million in Q1 20191 min read
Its parent company also operates the Dianping on-demand food delivery platform. NewsMeituan tops 25 million daily orders, 3.6 million merchants1 min read
EVs are slowly driving into Southeast Asia NewsVietnam is getting a non-profit bus service with 3,000 electric buses1 min read
But global industry leaders are locked out of the lucrative Chinese market. NewsChinese smart speaker apps saw 822% hike in installations last year1 min read
About 40% of merchants in areas frequented by Chinese tourists accepted Chinese mobile payments in 2018. NewsTmall International sees sky-high jump in tourism and sales over May holiday1 min read
The big retailer began lagging behind in its digital transformation after founder Huang Guangyu was sentenced to 14 years in prison in 2010 NewsGome, once China’s largest retailer, opens a store on Alibaba’s Tmall2 mins read
The company was fined RMB 9.6 million for running online pyramid scheme in 2017. NewsYunji share price jumps by 28.64% on the company’s first day on Nasdaq1 min read
But will Huawei’s charm offensive counter political pressures? NewsHuawei to build new chip factory in the UK1 min read
Sales activities in four provinces sparked the probe. NewsChina Mobile is under antitrust investigation2 mins read
And keep an eye out for flexible smartwatches. NewsSamsung and Huawei see growth in smartwatch shipments in Q12 mins read
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