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Although several Chinese education companies were fined in April, Zhangmen hasn’t received any warnings or penalties so far. NewsSoftBank-backed Zhangmen files for US IPO as China steps up regulation on private education2 mins read
The group’s retail business, which targets price-sensitive buyers, is struggling to make money amid fierce competition in the sector. NewsKEY STAT | JD.com maintains momentum with nearly 40% revenue growth in Q11 min read
ByteDance’s head of human resources, Liang Rubo, will step in as CEO. NewsByteDance co-founder Zhang Yiming steps down as CEO1 min read
The Chinese fintech sector is changing, and Ant Group needs to find new ways to grow its business. InsightsAnt Group searches for direction in a new era of Chinese fintech7 mins read
Can original content and updates to popular shows keep Gen Z viewers on iQiyi? InsightsiQiyi expands content to compete for the attention of China’s Gen Z6 mins read
China’s sportswear industry has grown exponentially in the last 2 decades, banking on consumer awareness and new preferences. Local brands are now catching up to global giants Nike and Adidas. EventsANTA — #1 in China and #3 in the world | Morning Briefing Ep 64 mins read
A ticker code for GoTo would be a score for IDX. NewsGoTo will invigorate Indonesia’s stock market, but may need organizational restructuring, experts say6 mins read
Baidu’s autonomous driving unit Apollo is morphing into an income driver outside of its advertising business. NewsBaidu thickens revenue stream with Apollo autonomous driving unit2 mins read
VCs have invested USD 1.2 billion in the Indian insurtech firm so far, as per S&P Global. NewsIndia emerges as the second largest insurance technology market in Asia Pacific, report says2 mins read