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The company’s business model, for now, is to charge a monthly fee from developers and agents using its platform.

With its 388-million-strong subscriber network, Jio has the potential to create multiple revenue streams, the reason why investors are flocking to it.

The potential deal could merge two of the two biggest video streaming sites in China.

Last year, ByteDance signed a strategic cooperation agreement with the Shenzhen government to set up a Greater Bay Area headquarters in the city.

Rule change comes amid concerns of American tech industry being “sidelined.”

Five-year-old Beenext has invested in more than 70 early-stage startups in India and 45 companies in Southeast Asia.

The move marks the latest attempt for Didi to expand beyond its core ride-hailing business.

Grab plans to sunset non-core projects, consolidate functions, and reduce team sizes.

The coronavirus pandemic has accelerated China’s collection of big data, especially for contact tracing.

Tencent aims to build an online music empire in China and then beyond.