NewsByteDance and Kuaishou venture into China’s red-hot group-buying sectorLatecomers have to be able to endure large-scale losses, says Haitong’s Natalie Wu. 2 mins read
After surviving last year’s financial trouble, Nio has ramped up efforts in its self-driving division. NewsNio relaunches in-house development of L4 autonomous driving technology2 mins read
Limits on cross-border flows hurt business and risk leaving countries poorer. NewsAsian countries build data fortresses to protect new national assets4 mins read
Around 84% of the revenue was generated from direct sales of medicine and healthcare products. NewsKEY STAT | AliHealth turns profitable after strong revenue growth1 min read
With the pandemic, mobile is taking the center stage, which is a major plus for us, says APAC MD Ronen Mense. NewsAfter reaching a valuation of USD 2 billion, AppsFlyer targets the Asia Pacific region2 mins read
Singapore unicorn intends to maintain ‘super app’ strategy in post-pandemic era. NewsGrab’s future IPO plans not affected by COVID, president says3 mins read
Some of the apps being blocked in the latest blacklist have been growing well in India, the second-most-populous country in the world and one of the fastest-growing internet markets. NewsIndia bans another 43 Chinese apps citing cybersecurity concerns3 mins read
Kuaishou users bought goods worth USD 16.56 billion between January and June while watching short videos or livestreams. NewsKuaishou acquires payment license amid booming e-commerce and livestreaming2 mins read
In August, BlueCity bought Chinese lesbian dating app LESDO. NewsChinese gay dating app Blued buys smaller rival Finka2 mins read