NewsChinese government builds stake in unit of TikTok-owner ByteDanceState agencies now hold 1% share and board seat at domestic unit. 3 mins read
The game streaming platform’s merger with Douyu was killed by Chinese regulators in July. NewsHuya’s Q2 revenue hits USD 458.8 million with monthly active users exceeding 77.6 million2 mins read
BrainQ’s investigational cloud-based technology aims to reduce disability and promote neuro recovery for stroke victims. NewsIsraeli firm BrainQ raises USD 40 million for stroke therapy tech3 mins read
The app factory is stepping up recruitment of fresh talent after its edtech arm was obliterated by regulators. NewsByteDance seeks 8,000 new hires in its largest campus recruitment campaign2 mins read
Migrants who relocate from rural areas to seek employment in urban areas are now more likely to have stronger educational backgrounds. News‘Peasant’ IT workers are changing the social perception of Chinese migrant workers3 mins read
Since the pandemic hit India in March 2020, 30–35 million new customers began transacting online, taking the total online shopper base to 140 million. NewsOnline shoppers from smaller towns expected to drive Indian e-commerce market to USD 140 billion by FY 20263 mins read
The company said it will deepen collaboration with the broader Tencent ecosystem to enhance its promotional capabilities. NewsTencent Music reports strong Q2 results despite antitrust penalty expected to impact Q3 business2 mins read
The funding round comes less than a month after the Karnataka High Court said that electric bikes could be used as taxis for hire by passengers. NewsBike taxi startup Rapido raises USD 52 million from WestBridge Capital and others2 mins read
Wingtech announcement comes weeks after British PM said deal was being reviewed. NewsChina smartphone maker says UK chip plant purchase ‘complete’2 mins read
