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ByteDance said to target $14.8b revenue in 2019, doubling what it made last year

Actually, in the second half of 2018, ByteDance expanded its sales departments from 4 to 10 to monetize its huge user base in overseas market including Japan, Korea, Southeast Asia, Europe and the Uni

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  • Amid China’s slowing economy, JD.com is not alone in doing so as Didi Chuxing is in a 2,000-employee layoff process and Alibaba has also confirmed that it is more cautious in new hiring.

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    JD.com confirms it’s going to fire underperforming senior executives to strengthen “entrepreneurial spirit”

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  • Alibaba did not comment on this acquisition while CICC said it holds an open attitude toward leaders in information technology and will explore ways to apply information technology in the finance sect

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