NewsByteDance plans to relocate its Douyin e-commerce unit to ShanghaiThe department was only created in June last year. 1 min read
Suning generated RMB 3.9 billion in net losses in the past year. NewsSuning.com founder gives up control after selling to Shenzhen-based state-owned firms2 mins read
GrabHealth and Good Doctor will provide the digital infrastructure, process pre-registrations and extend invitations. NewsGrab cooperates with Indonesia’s health ministry on drive-through vaccine program, starting in Bali2 mins read
Pliops’ Storage Processor is a storage hardware accelerator for cloud and enterprise customers’ data-intensive workloads. NewsNvidia, Intel back USD 65 million funding round for Israeli startup Pliops2 mins read
Over the years, UHNWIs have found that investing in startups is a lucrative alternate investment vehicle that is a high-risk, high-return game. NewsIndia will see a 63% rise in ultra rich individuals by 2025: Knight Frank Wealth Report3 mins read
State-owned military suppliers CETC and Potevio prepare for US sanctions. NewsChina to create ‘IT aircraft carrier’ through tech megamerger3 mins read
Internet companies have become role models in the battle against extreme levels of hardship. NewsAlibaba, Pinduoduo, Didi’s Cheng Wei win glory as President Xi declares victory over poverty2 mins read
The coffee brand is pushing digitization and themed stores. NewsTim Hortons bags new capital from Sequoia and Tencent for China expansion2 mins read
Operating expenses rose as Youdao was caught in intense competition in China’s online education sector. NewsKEY STAT | Edtech Youdao doubles its revenue in 2020 in robust online market1 min read