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Baidu says it will promote livestreaming services more actively and hopes to cultivate 1,000 livestreaming stars.

Shanghai’s Star Market has been growing in profile as more Chinese tech startups view it as the preferred destination for an IPO.

Chinese e-commerce stocks soar following Chinese Labor Day sales campaigns.

The streaming service envisions a revenue-sharing model with local content creators and production houses to boost the Indonesian movie industry.

Tencent gaming revenue, aided by a gaming consumption boom, has allowed the company to withstand COVID-19 headwinds and look to the future.

According to the report, Ribbit Capital, Accel, and Sequoia Capital were the top five active funds who backed Indian fintech companies.

Dada Nexus’ IPO marks the second China-based company aiming to go public in the US after the Luckin Coffee scandal involving fraudulent financials.

China, beset by the outbreak, was where disruptions began, but as the pandemic spread globally, so did plant closings and lockdowns.

Lamudi was founded in 2013 with the backing of Rocket Internet.

In Singapore’s event industry, approximately SGD 30.2 million has been lost, with more than 2,000 people affected and over 8,700 jobs lost.