NetEase sees growth in e-commerce and gaming businesses

Internet and online games giant NetEase on Thursday released its unaudited…


Briefing: Bytedance reportedly aims for RMB 100 billion revenue in 2019

字节跳动2019年收入目标至少1000亿 - Jiemian What happened: Bytedance, the parent company of…


Briefing: Autonomous truck startup TuSimple achieves unicorn status

Self-driving tractor-trailer start-up TuSimple achieves unicorn status in…


Bytedance ups ante in Spring Festival hongbao battle, giving away RMB 1.6 billion

Bytedance increased the total value of red packets offered on three of its…


What does Tiktok’s rise mean for Facebook and Snapchat?

Douyin announced it has 500 million global monthly active users. (Source:…


Briefing: Chinese online video platforms may get over 300 million paid subscribers in 2019

Chinese Online Video Platforms could have over 300 million subscribers in 2019…


Briefing: UnionPay says mobile transaction volume increased 4.4 times during Spring Festival

2019年春节银联网络交易达1.16万亿元 同比增长71.4% – TechWeb What happened: The world’s largest…


Chinese New Year travelers made 1.2 billion purchases over WeChat Pay

According to data released by Tencent's ubiquitous app WeChat and Alibaba's…


2018 in review: China incubates 25 new unicorns worth $58 billion

This article by Violet Tang originally appeared on China Money Network, the…


Alibaba sales slow amid profit growth

Chinese e-commerce giant Alibaba has reported its slowest revenue growth since…