NewsBaidu shares climb almost 8% following better-than-expected first quarter resultsHowever, the firm projects revenue’s decline to persist. 2 mins read
Agri-foodtech accelerator Grow said it will be looking for startups from across Asia Pacific to participate in its new program focused on food security. NewsAgtech accelerator Grow launches new program in Singapore1 min read
Ubisoft sues Apple and Google over alleged Rainbow Six: Siege clone. NewsApple and Google sued over alleged game ripoff2 mins read
The company reported hyper-growth in both net revenues and net income for the first quarter. NewsCHINA BRIEF | Edtech firm GSX a ‘near-total fraud’ says Luckin short-seller1 min read
Company under scrutiny from both US and China as trade tensions flare anew. NewsZoom suspends free service to individuals in China3 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
NewsDeals in brief: Valtor secures Wavemaker backing, Qapita raises Series B funding, Accel and Peak XV invest in Supabase, and more