NewsZoom suspends free service to individuals in ChinaCompany under scrutiny from both US and China as trade tensions flare anew. 3 mins read
Bilibili widened its net loss to RMB 538.6 (USD 76.1 million), up 175% versus last year’s level, amid increasing revenues. NewsBilibili hits 13.4 million paying users, driving revenues up 69% YoY in Q12 mins read
The 58-year-old businessman will also serve as chief operating officer of ByteDance. NewsCHINA BRIEF | ByteDance hires ex-Disney executive as new TikTok CEO1 min read
Shopee orders are up 111.2% year-on-year, while Garena’s paying users grew by 72.5% to 35.7 million. NewsSea Group posts a loss, revenues increase to USD 913.9 million in the first quarter of 20203 mins read
China’s leading e-scooter company was hit hard by the COVID-19 pandemic but retains a positive outlook as demand recovers. NewsNiu reports 34.4% decrease in revenue in Q1 as e-scooter sales plummet during COVID-19 outbreak2 mins read
Tencent Games rolled out an in-house “health system” in 2017 to stem youth gaming addiction. These new rules take that further. NewsTencent Games cuts screen time for minors again following government guidelines3 mins read
Last week Zomato also announced cutting 13% of its total workforce. NewsSwiggy lays off 1,100 employees and shuts other businesses3 mins read
Fore Coffee CEO Elisa Suteja said that it closed several outlets for Ramadan and that it is selling assets. NewsEast Ventures-backed Fore Coffee denies shutdown rumors, sees increase in online sales2 mins read
A total of 15 million companies have joined Dingtalk, according to the platform’s CEO Chen Hang. NewsCHINA BRIEF | Alibaba’s DingTalk reaches 300 million users as COVID-19 shifts life online1 min read
