Today in News - Facebook reports Q1 revenue

Baidu launches financial cloud, USA announces new visa restrictions, and more.


28 Apr, 2018

Today in News - Facebook reports Q1 revenue | BEAMSTART News

- From our Sponsors -

Today in News are brief updates by the BEAM team of what's happening in the business, finance, and technology space around the world (as well as in China). Download the BEAM App to get curated news like these from over 100 sources.

Around the world:

  1. Facebook Q1 2018 revenue 11.9Billion USD, increased by 49% compared to last year. 

  2. PUMA plans to move their factories from China to Vietnam and Indonesia in case that the trade war between China and USA deteriorates.

  3. Costa was separated from their parent company Whitbread and started to operate independently.

  4. USA announced the new restrictions of H-1B visa which means foreigners probably can’t start their companies in USA.

  5. Culture Trip (content platform for trips) raised 80Million USD B round.

In China:

  1. Ali Health 阿里健康 partnered with Dingding钉钉 to provide health checkup service for company employees.

  2. Baidu launched financial cloud 金融云 to provide cloud service for financial institutions.

  3. 喜茶 HEYTEA raised 400Million in B round from Meituan.

  4. Xiaomi launched Xiaomi 6X, targeting new retail market.

  5. Sohu 搜狐 lost 87 Million USD in Q1 2018

- From our Sponsors -

Latest Jobs

Quality Assurance Lead



Full Time

Salary Undisclosed

Content Writer (Esports / Gaming)


Petaling Jaya, Malaysia


MYR 400 — MYR 600 monthly

News Editor

British Broadcasting Corporation

Hong Kong, Hong Kong (香港)

Full Time

Salary Undisclosed

Full Stack Developer - Financing Domain

OnDemand Agility


Full Time

SGD 4050 — SGD 4300 monthly

EA Personnel (Work Pass)

Trinity Employment


Full Time

SGD 2000 — SGD 3500 monthly

Senior Events Manager/ Director

Thomson Reuters

Singapore , Singapore

Full Time

USD 17000 — USD 25000 monthly

Digital Marketing Intern

Undrcut Digital Marketing



SGD 1000 — SGD 1500 monthly

Influencer Marketing Associate


Yogyakarta, Indonesia

Full Time

SGD 400 — SGD 1000 monthly

English Content Writer


Jakarta, Indonesia

Full Time

SGD 300 — SGD 600 monthly

Fund Accountant

Decacorn Capital


Full Time

SGD 2500 — SGD 5000 monthly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest news, events, and opportunities.


Download the Community App

Connect with the BEAMSTART Entrepreneurship Community from the palm of your hands. Connect with CEOs/Founders, Investors, Business Leaders, and Professionals. Download below to instantly form partnerships and discover opportunities:

PlayStore ButtonAppStore Button

© 2016 - 2021 BEAMSTART. All Rights Reserved (Legal).