TikTok has been growing in popularity since its inception in 2016. NewsTencent bets on its revived Weishi app to take on TikTok in short-video streaming3 mins read
Plus, Ola in talks to buy Freshmenu. Grab Philippines will keep running the Uber app until April 15. NewsKrASIA Daily: Alibaba just Gave Birth to the World’s Biggest Unicorn5 mins read
The market space for primary care worth 450 billion yuan is opening to private institutions. NewsDeals | Bohou Medical Received Tens of Millions of Yuan A Round Financing from Ch-gemstone Capital and Share Capital2 mins read
Didi Chuxing claimed it’s the largest food delivery app in Wuxi city eight days after its launch. NewsMeituan-Dianping and Didi Chuxing both Claim Temporary Victory over Competition to Evolve into China’s Super Service App2 mins read
Tencent works on new retail mainly to promote the expansion of three businesses: financial payment, cloud computing, and advertising. InsightsPony MA: Why Tencent Is Spending so Much Money Purchasing Shares of Offline Retail Enterprises?5 mins read
Plus, Uber acquires bike-sharing startup JUMP. SoftBank Ventures invested $23.5 million in Singapore-headquartered IYUNO Media. NewsKrASIA Daily: China’s Largest News Aggregator Toutiao Taken Offline from Local App Stores, as Regulations on Cyberspace Tightens5 mins read
Phoenix News, NetEase News, and Tiantian Kuaibao were also taken offline from local app stores. NewsChina’s Jinri Toutiao News App Removed from Local App Marketplaces2 mins read
L Square Studio once received angel wheel investment from Sinovation Ventures NewsDeals | Tencent Invests in L Square Studio Tens of Millions of Yuan B Round Financing2 mins read
Alibaba has invested a total $4 billion in Lazada. NewsManagement Reshuffle at Ant Financial: Eric Jing Takes Office as Executive Chairman, While Lucy Peng Doubles Down on Lazada Business2 mins read
Most Recent