NewsTikTok rival Kuaishou builds USD 1.4 billion data center in ChinaTencent-backed video app sees demand from product-placement streams. 1 min read
JD.com’s stock price on Nasdaq reached a record peak of USD 59.17 on Monday. NewsCHINA BRIEF | JD.com to be traded in Hong Kong starting June 18 amid Nasdaq fears1 min read
The latest example of the growing prominence of corporate venture capital in China. NewsTrip.com launches VC firm to deepen travel industry investments2 mins read
Analysts predicts China’s audio content market will reach RMB 100 million (USD 14 million) by 2026. NewsByteDance unveils AI-enabled app for audiobooks without voice actors2 mins read
The startup says it has handled 10,000 cases in Arabic-speaking countries as well as in Europe and North America. NewsEgypt’s Shezlong gets fresh funds to expand its mental health platform2 mins read
The firm has already added a new channel, called Huoyun, onto the Didi app that will be home to the new cargo shipping service. NewsChinese ride-hailing giant Didi Chuxing turns to on-demand trucking2 mins read
Cambodian viewers will be able to enjoy various contents in esports, tech, and entrepreneurship on SingMeng’s OTT platform. NewsSingaporean media network TechStorm is now broadcasting in Cambodia1 min read
Saudi Arabia’s e-commerce market is up 14% from last year at USD 21 billion, according to e-commerce platform ZID. NewsZynga buys Peak Games, Samsung invests in Egypt, and a lot of liquidity from the Saudi central bank | The Middle East Weekly Roundup4 mins read
This is Jio Platforms’ eighth fund raise in seven weeks. It has raised a total of USD 12.95 billion from leading global investors. NewsAbu Dhabi Investment Authority buys 1.16% stake in Reliance’s Jio Platforms3 mins read
NewsDeals in brief: Augmentus raises Series A+ funding, Coda to acquire Recharge, Origgin Capital debuts second fund, and more
