NewsCHINA BRIEF | Alibaba teams up with Allwinner to produce 50 million chipsThe hardware will be based on Alibaba’s XuanTie processors. 1 min read
Daily active users of Kuaishou’s livestreaming function have grown 70% since December. NewsCHINA BRIEF | Over 170 million Chinese watch daily livestreams on Douyin rival Kuaishou1 min read
The Star Market in Shanghai has produced at least 13 billionaires in its first year, including a chip supplier to Huawei. NewsChina’s Nasdaq-style Star Market mints one billionaire a month with rally that outstrips FAANG stocks3 mins read
The company plans to expand to Vietnam, Philippines, and Malaysia. NewsPartipost bags USD 3.5 million funding in a SPH-led Series A round2 mins read
Pinduoduo’s aggressive discounts are enraging some big brands who are reluctant to give up control over brand image and pricing strategy. NewsTesla denies involvement in price-slashing Pinduoduo Tesla Model 3 promotion2 mins read
The company offers homeowners’ insurance in 29 states in the US. NewsIsraeli-founded insurance tech startup Hippo raises USD 150 million at USD 1.5 billion valuation2 mins read
LinkAja could be the key to dominate the digital payments sector in Indonesia. NewsGojek and Grab compete for investment in Indonesia’s LinkAja2 mins read
Between January and April, Zoom saw a 6,700% increase in free user sign-ups in India. NewsVideo conferencing platform Zoom to strengthen its presence in India3 mins read
The move ‘signifies Oppo’s first steps into Japan’s mainstream market’, the company says. NewsChina’s Oppo teams up with KDDI, SoftBank to bring its 5G smartphones to Japan2 mins read
