Despite robust growth, Sea reported net losses to the tune of USD 433.7 million in the second quarter, up 10.2% YoY. NewsSea Group posts 160% gain in Q2 profits as net losses widen2 mins read
State agencies now hold 1% share and board seat at domestic unit. NewsChinese government builds stake in unit of TikTok-owner ByteDance3 mins read
The game streaming platform’s merger with Douyu was killed by Chinese regulators in July. NewsHuya’s Q2 revenue hits USD 458.8 million with monthly active users exceeding 77.6 million2 mins read
After surpassing Apple in Q2, Xiaomi overcame Samsung, hit with production disruptions in Vietnam, to reach the world’s top position in June. InsightsXiaomi is now the world’s largest smartphone manufacturer, here’s how it got there9 mins read
What happens when tech companies attempt to swat down hate speech? NewslettersDaily Digest | A little bit of oversight2 mins read
BrainQ’s investigational cloud-based technology aims to reduce disability and promote neuro recovery for stroke victims. NewsIsraeli firm BrainQ raises USD 40 million for stroke therapy tech3 mins read
The app factory is stepping up recruitment of fresh talent after its edtech arm was obliterated by regulators. NewsByteDance seeks 8,000 new hires in its largest campus recruitment campaign2 mins read
Migrants who relocate from rural areas to seek employment in urban areas are now more likely to have stronger educational backgrounds. News‘Peasant’ IT workers are changing the social perception of Chinese migrant workers3 mins read
Since the pandemic hit India in March 2020, 30–35 million new customers began transacting online, taking the total online shopper base to 140 million. NewsOnline shoppers from smaller towns expected to drive Indian e-commerce market to USD 140 billion by FY 20263 mins read
The company said it will deepen collaboration with the broader Tencent ecosystem to enhance its promotional capabilities. NewsTencent Music reports strong Q2 results despite antitrust penalty expected to impact Q3 business2 mins read