Among JOYY’s 520.1 million mobile monthly active users, 77% are from overseas markets. NewsCHINA BRIEF | JOYY’s Q1 revenues up 49.6% YoY but net income declines1 min read
The firm’s value has risen more than a third within two years. NewsCHINA BRIEF | ByteDance’s market capitalization hits between USD 100 billion and USD 140 billion1 min read
Popular 80-million user social media platform to also offer payment service. NewsJapan’s Line to launch telemedicine app on rising pandemic demand1 min read
The disposal of ByteDance’s stock will represent a gain of investment of around USD 66 million. NewsCHINA BRIEF | Cheetah Mobile’s stocks soar 47% after announcing special cash dividend and disposal of equity ownership in ByteDance2 mins read
The agreement with the private sector arm of the Islamic Development Bank provides opportunities in the Middle East and Africa. NewsMalaysia’s Aerodyne seals MoU to promote drone tech in 57 countries2 mins read
The on-demand delivery giant is expanding to other local life services as it aggressively marches into the power bank sharing business. Visual StoriesKEY STAT | Meituan dominates food delivery and looks to enter power bank market2 mins read
The layoff plan will affect about 500 employees in charge of research and development. NewsExclusive | Luckin Coffee to lay off half of headquarters staff following fraud scandal2 mins read
Xiaomi beats analyst expectations in Q1 on the back of strong international sales. However, with COVID-19 now hampering economies worldwide, the growth may not last. NewsOverseas growth carries Xiaomi through China’s COVID-19 outbreak2 mins read
By automating parts of the bookkeeping process, BukuKas is streamlining how small businesses in Indonesia operate. InsightsBukuKas keeps Indonesian SMEs’ books free of errors: Startup Stories5 mins read
Swiggy, Zomato, Cure.Fit. Meesho, and many others have decided to thin their team size. NewsThe layoff nightmare continues: Ola and ShareChat axe jobs3 mins read