China’s second-wealthiest man on Wednesday made a surprise demand that the country’s richest man, founder of ByteDance, apologise for the…
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China’s largest on-demand service provider Meituan reported on Wednesday a 21 per cent jump in second-quarter revenue, bolstered by steady…
Read More »ByteDance, the owner of TikTok and its Chinese sibling Douyin, is furthering plans to boost its research capabilities in large…
Read More »A 28.5 per cent stock price plunge on Monday that wiped US$55 billion off the valuation of PDD Holdings, the…
Read More »TikTok owner ByteDance has launched a stand-alone app in China to search for short video content published on Douyin, bringing…
Read More »Video-editing app CapCut recorded 38.42 million downloads in July, while chatbot Doubao achieved 27.45 million downloads to outperform OpenAI’s ChatGPT,…
Read More »AI investment has boosted the company’s revenue in search and recommendation scenarios, Chen said, and helped increase the frequency with…
Read More »Chinese food delivery giant Meituan has partnered with Midea, one of the world’s largest home appliances makers, to enable app…
Read More »Alibaba Group Holding saw revenue grow 4 per cent in the second quarter, missing estimates, as the e-commerce giant navigates…
Read More »Super app WeChat, operated by video gaming and social media giant Tencent Holdings, continues to strike a delicate balancing act…
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