Ant Financial's global expansion plan bounces back with WorldFirst buyout

(Image credit: Monito) Alibaba affiliate and Alipay parent Ant Financial's…


Briefing: TikTok found to be testing new ad product

A new ad product test was spotted on TikTok - TechCrunch What happened: The US…


Tencent releases new rules regulating live-streams containing its games

Tencent on Thursday released on its official gaming WeChat account a list of…


Didi to lay off 2,000 employees amid rumors of record losses

Chinese ride-hailing giant Didi will this year lay off 15% of its employees,…


Alibaba acquires 8% stake in Bilibili to double down on content-driven e-commerce

(Image credit: Bilibili) Chinese tech giant Alibaba announced through an SEC…


Briefing: Ant Financial acquires UK payments company Worldfirst

Ant Financial Agrees to Buy U.K. Payments Firm WorldFirst - Bloomberg  What…


Profit, not politics, is what matters in Tencent’s Reddit stake

Screenshot of Reddit's front page on Feb. 14. (Image: Technode) As initially…


Douyu

Briefing: E-sports video streaming platform Douyu reportedly files for US IPO

斗鱼直播确定赴美IPO 此前融资额已达70亿元 - The Beijing News What happened: E-sports…


Briefing: Former Taobao exec named CEO of Lazada Malaysia

阿里投资的 Lazada 任命了新 CEO,原淘宝全球购总监周南上任 - Sohu What happened: Alibaba-backed…


Chinese netizens divided after questions on Huawei appear on fifth grade exams

After questions casting smartphone brand Huawei in a positive light appeared…