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News until Apr 26, 2021

ByteDance squares off against Meituan in local services market

Tech unicorn ByteDance is stepping up its efforts in China’s local services market through short video platform Douyin, the sister app of TikTok.

SCMP.COMApr 26, 2021

China doubles down on regulation of livestream e-commerce · TechNode

Livestream e-commerce has become essential to marketing in pandemic-era China—more than 4 million e-commerce sessions were streamed in Q1 2020.

TECHNODE.COMApr 26, 2021

India banned TikTok; now their own apps have caught up in user numbers

India's social media users are also very loyal to their home-grown apps

Alfred LeeApr 23, 2021

Tesla vice president of legal Al Prescott leaves to join Luminar, a lidar company

Tesla previously lost three general counsels over the course of a year in 2018 and 2019.

CNBC.COMApr 23, 2021

EVs set to take off in China as rural consumers embrace USD 4,400 model | KrASIA

Shanghai auto show opens, targeting middle class in cities next.

KR-ASIA.COMApr 22, 2021

Tiger to invest $100m in Indian vehicle repair startup GoMechanic

GoMechanic claims to have more than 500 service partners on its platform and over 10,000 car services a month, according to its website.

DEALSTREETASIA.COMApr 21, 2021

Dogecoin started out as a joke; now it's the 5th most popular cryptocurrency

Dogecoin has a market cap of $53 billion as of today.

Alfred LeeApr 20, 2021

China's Trip.com just went public, raising $1.1 billion on the Hong Kong stock market

Trip.com reported a net revenue of $770 million in Q4 2020

Alfred LeeApr 20, 2021

6 Hottest Real Estate Startups to Watch in 2021

These 6 startup companies are revolutionizing the way people participate in the real estate market.

Rajitha ReddyApr 20, 2021

Used electronics trading platform Aihuishou eyes up to $1b in US IPO

Aihuishou has hired Bank of America and Goldman Sachs to work on the IPO and plans to file around mid-May.

DEALSTREETASIA.COMApr 19, 2021

ByteDance targets a 42% increase in ad revenues; expects 3x growth in e-commerce this 2021

Internet giant ByteDance prepares for a major initial public offering.

Faith BaltazarApr 19, 2021

China Tech Digest: ByteDance Won Global Video Codecs Comparison Event; Digital RMB Tested In Hong Kong

China Tech Digest: ByteDance Won Global Video Codecs Comparison Event; Digital RMB Tested In Hong Kong – China Money Network - China Money Network

CHINAMONEYNETWORK.COMApr 18, 2021

Foreign direct investment into China surges nearly 40 per cent in first quarter

A total of 10,263 new foreign-invested companies were established in China from January to March, and the FDI growth rate far surpassed the rate seen during the same period in 2019, before the coronavirus.

SCMP.COMApr 18, 2021

EU to consider ban on using A.I. for mass surveillance and social credit scores

Using AI software for mass surveillance and ranking social behavior could soon be outlawed in Europe, according to draft legislation shared online.

CNBC.COMApr 16, 2021

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