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Douyin’s strengths in short video virality, along with the network of internet stars on its platform, could put it in an enviable position to capitalize on influencers and social e-commerce.

Major cultural institutions are launching stores on Tmall to capitalize on the growing demand for their products.

The Hong Kong Monetary Authority has so far issued 8 virtual banking licenses. Ant Financial, Tencent, Xiaomi, and Ping An each have one.

Tencent looks set to make more money from advertising.

Sequoia Capital is the most successful unicorn breeder

This was the company’s first return to China in three years.

Anyone can open a shop on Beidian to sell and share products, and receive commissions from sales.

Lazada leads in terms of monthly active users in most countries