NewsCHINA BRIEF | ByteDance hires ex-Disney executive as new TikTok CEOThe 58-year-old businessman will also serve as chief operating officer of ByteDance. 1 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
A survey found that 5.4% of tech firms experienced job cuts while 12.9% have reduced contractors, interns, and part-time employees. NewsChina’s once-resilient tech economy starting to crack under pressure from coronavirus economic carnage8 mins read
Bytedance is a latecomer in the IoV sector filled with players including Alibaba, Tencent, and Baidu. NewsByteDance steers into automobile sector with plans to integrate Douyin and Toutiao into cars2 mins read