NewsCHINA BRIEF | Baidu denies intentions to delist from NasdaqThe company’s shares have fallen more than 60% since its peak in May 2018. 1 min read
Bobobox plans to bring its pods to other Southeast Asian countries when the pandemic ends. NewsCapsule hotel startup Bobobox bags USD 11.5 million in Series A2 mins read
The firm’s strong first-quarter performance was overshadowed by new US regulations promoting stricter rules on Chinese companies. NewsTwitch-like Huya’s stock dives over 10% despite solid earnings results in Q12 mins read
Despite a sharp drop in first-quarter sales because of the coronavirus pandemic, smart speaker shipments in China are projected to grow 9.8% in 2020. NewsChinese e-commerce giant Alibaba to invest USD 1.4 billion to build ecosystem around its Tmall Genie smart speaker2 mins read
AngelList also launched a new micro fund to invest in early-stage companies in India. NewsThe UAE-based ADQ launches a USD 300 million fund for early-stage startups in India and Southeast Asia2 mins read
Among JOYY’s 520.1 million mobile monthly active users, 77% are from overseas markets. NewsCHINA BRIEF | JOYY’s Q1 revenues up 49.6% YoY but net income declines1 min read
The firm’s value has risen more than a third within two years. NewsCHINA BRIEF | ByteDance’s market capitalization hits between USD 100 billion and USD 140 billion1 min read
Popular 80-million user social media platform to also offer payment service. NewsJapan’s Line to launch telemedicine app on rising pandemic demand1 min read
The disposal of ByteDance’s stock will represent a gain of investment of around USD 66 million. NewsCHINA BRIEF | Cheetah Mobile’s stocks soar 47% after announcing special cash dividend and disposal of equity ownership in ByteDance2 mins read
