Insights

They are executing fast and effectively. Make no mistake. This is a serious competitor playing to win.

Bytedance’s overseas-oriented products, including Tik Tok and Musical.ly, have, to date, raked in more than 100 million of monthly active users.

They can definitely enter successfully. But winning long-term will be much more difficult and expensive.

In the last couple of months, several of China’s digital giants have jumped into ride-sharing. And this was a surprise, because with the exit of Uber it was believed that Didi Chuxing had that market

The global fourth most valuable startup to raise US$6 billion at a valuation of $60 billion.

For many businesses in China, the opportunity to present themselves in front of millions of football fans will be a promising chance to promote their products and achieve some significant growths.

Meituan did the unexpected – topple Ctrip in March 2018.

Akulaku has recently raised a close to US$100 million C round financing