NewsCHINA BRIEF | TikTok owner ByteDance’s 2019 net profit exceeded USD 3 billionIn April alone, TikTok generated USD 78 million in revenue, surpassing Youtube. 1 min read
Suspicion plagues one of the darkest corners of the web after authorities crack down. NewsNo honor among thieves: Why the dark web is having a trust crisis3 mins read
The Apollo Park in Beijing is equipped with facilities to support the full autonomous vehicle development process, from research to testing. NewsChina’s Baidu finishes building ‘world’s largest’ test ground for autonomous vehicle, smart driving systems2 mins read
The firm increased its net loss to USD 76.1 million in the first quarter of this year, up 175% from last year. NewsCHINA BRIEF | Bilibili to issue USD 650 million in convertible bonds as net losses widen1 min read
The codes will contain users’ phone numbers as well. NewsWhatsApp trials letting people add new contacts with a QR code1 min read
The move comes just after the Internet of Vehicles provider Gosuncn formed a cooperation with Baidu’s rival WeRide. NewsCHINA BRIEF | Baidu allies with IoV company Gosuncn in autonomous driving push1 min read
“Zoom by day, Houseparty by night.” NewsHow Israeli-founded video chat app Houseparty became a hit during the pandemic6 mins read
Amidst the COVID-19 crisis, Ola is looking to accelerate innovation in its financial services segment. NewsOla Money raises USD 27 million from Falcon Edge and Matrix Partners3 mins read
Ola Electric competes with companies such as Bounce, Vogo, and Yulu, among others. NewsOla Electric acquires Dutch startup Etergo BV in global e-bikes push2 mins read
NewsDeals in brief: Valtor secures Wavemaker backing, Qapita raises Series B funding, Accel and Peak XV invest in Supabase, and more