NewsCHINA BRIEF | ByteDance’s market capitalization hits between USD 100 billion and USD 140 billionThe firm’s value has risen more than a third within two years. 1 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
The agreement with the private sector arm of the Islamic Development Bank provides opportunities in the Middle East and Africa. NewsMalaysia’s Aerodyne seals MoU to promote drone tech in 57 countries2 mins read
The layoff plan will affect about 500 employees in charge of research and development. NewsExclusive | Luckin Coffee to lay off half of headquarters staff following fraud scandal2 mins read
Xiaomi beats analyst expectations in Q1 on the back of strong international sales. However, with COVID-19 now hampering economies worldwide, the growth may not last. NewsOverseas growth carries Xiaomi through China’s COVID-19 outbreak2 mins read
Swiggy, Zomato, Cure.Fit. Meesho, and many others have decided to thin their team size. NewsThe layoff nightmare continues: Ola and ShareChat axe jobs3 mins read
First introduced in China to curb the spread of coronavirus, the program checks for mask-wearing, vehicle disinfection, and drivers’ temperatures. NewsCHINA BRIEF | Ride-hailing giant Didi to roll out ‘Health-Guard’ feature in Latin America1 min read
Shunned in the West, the QR code underpins China’s cashless economy and coronavirus tracing efforts. Now it could be part of Apple’s new Gobi AR app. NewsChina’s beloved QR code may make a global comeback through Apple3 mins read
