News

TikTok and Douyin users spent over USD 11 million in-app in July

A steady rise from USD 3 million in the same month a year ago. However, the app’s install base isn’t growing as fast as before.

2 mins read

Part of the social commerce site’s client-to-manufacturing plan.
News
Products co-created by TV brand JVC and Pinduoduo rolled out – and sold out fast, says JVC
2 mins read
Go-Viet has to compete with the likes of GrabFood and Now.vn in Vietnam.
News
Go-Viet claims it’s a leader in Vietnam’s online food delivery market
1 min read
Pinduoduo has reported more than 1,700 suspicious shops to relevant authorities in the first five months of 2019.
News
15 suspects of crime ring arrested for using Pinduoduo to launder money
1 min read
The company attempts to deepen its relations with Russia.
News
Huawei plans to triple headcount in new Russia R&D centers within 5 years
2 mins read
The startup is co-founded by President Joko Widodo’s son, Gibran Rakabuming.
News
Indonesian beverage startup Goola receives USD 5 million from Alpha JWC
1 min read
With new funds in hand, Lixiang says it will start to mass produce its first hybrid SUV in October.
News
Chinese EV maker Lixiang closes USD 530 million Series C round with cash from Meituan’s founder and ByteDance, valued above Nio
2 mins read
Alibaba, Tencent, Amazon, and Huawei are already in the city-state.
News
Baidu’s cloud business arrives in Singapore
1 min read
Baike.com and Baidu have been locked in a feud for years.
News
ByteDance buys stake in online encyclopedia Baike.com to open new front in competition with Baidu
1 min read