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Upstart Kakao Bank hopes to vault to No. 3 in market value after IPO next month. NewsSouth Korea digital lenders challenge nation’s traditional giants6 mins read
Pratilipi and Krafton are set to start working on finding IPs that can be translated into global gaming franchises. NewsPUBG creator Krafton leads USD 48 million Series D round in local storytelling platform Pratilipi3 mins read
The ramifications are multifold, and may significantly reshape how Pinduoduo and ByteDance build their revenue streams and user pools. InsightsTencent and Alibaba’s truce brings sweeping consequences for ByteDance and Pinduoduo4 mins read
The company’s robots can autonomously complete a range of high-precision tasks in sectors like biotech and semiconductors. NewsMoying Robotics closes Series A for advanced logistics automation2 mins read
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Huya and Douyu are the two most popular video game streaming platforms in China. Tencent would have gained more than 67% voting power in the merged enterprise. NewsTencent’s game streaming mega merger hit a regulatory wall, so who lost out?2 mins read
The Douyin rival is expanding its content range to include useful information in areas like childcare, financial literacy, and legal matters. NewsKuaishou adds informative livestreamed content as growth in entertainment vertical stalls2 mins read
China’s internet sector has long been cleaved into two camps, but that may change soon. NewsAlibaba and Tencent weigh openings in ‘walled gardens’ to make services accessible to each other, report says2 mins read