In 2018, ByteDance invested USD 100 million in India, while last year it said it would invest USD 1 billion in the country over the next three years. NewsByteDance’s short video duo TikTok and Douyin cross two billion downloads with India accounting for one third of installs3 mins read
Chinese vendors sold a total of 73.2 million smartphones, down by 22% YoY due to the COVID-19 pandemic. NewsCHINA BRIEF| Huawei sells 28.7 million smartphones in Q1 in China, up 6% amid industry downturn1 min read
A probe over its accounting fraud is being conducted by SEC and its Chinese counterpart, the CSRC. NewsLuckin blames internal investigation and COVID-19 as reasons for missing annual report deadline2 mins read
Alibaba is already an investor in other major couriers in China. NewsCHINA BRIEF | Alibaba gains minor stake in courier firm Yunda1 min read
How has the COVID-19 pandemic shifted the investment outlook for healthcare in 2020? Q&AThe top China healthcare investment trends in 2020, according to investors10 mins read
Moka will continue to operate as an independent entity, but integrate its solution into Gojek’s ecosystem. NewsGojek confirms acquisition of mPOS startup Moka1 min read
With JD Cloud & AI as partner, Cloudflare plans to establish 150 new data centers in mainland China. NewsJD.com, US firm Cloudflare join forces to challenge Alibaba in China’s vast cloud market3 mins read
EV maker’s crucial deal in Anhui follows attempts with Beijing and Shanghai. NewsChina startup Nio gains USD 1 billion state funding to chase Tesla4 mins read
A lack of investor confidence in US-listed Chinese companies may push more firms to consider returning to domestic exchanges in Hong Kong and Shanghai. Visual StoriesKEY STAT | JD.com plans for secondary listing in Hong Kong as US-listed Chinese stocks face increased scrutiny1 min read
Fulldive Coins can now be converted into credit for Gojek’s services. NewsFulldive Browser partners with GoPay in Indonesia2 mins read
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