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ADVERTISING SALES IN CHINA
China's Tencent posts 11% second-quarter revenue rise, profit misses estimatesFor the three months ended June, the Shenzhen-based gaming and internet company reported revenue of 204.8 billion yuan ($30.36 billion), ...- Global Market: Xiaohongshu faces scrutiny over potential Hong Kong IPO plans amid VIE structure disputeChinese social media platform Xiaohongshu faces listing scrutiny following a complaint by a former executive regarding its variable interes...
- Zee board backs promoter stake expansion to 24%Zee Entertainment's board has greenlit a significant fundraising move, approving the issuance of warrants worth up to ₹3,143.5 crore to a p...
- WhatsApp usernames’ India hiccup; Zepto’s unusual legal structureWhatsApp’s big bet on usernames has hit a regulatory speed bump in India. This and more in today’s ETtech Morning Dispatch.
- Visa plugs its payment network into ChatGPT letting AI agents shop, pay for usersIt is not OpenAI's first attempt at e-commerce. The company late last year announced Instant Checkout, which allowed ChatGPT to scour the i...
- China Inc deploys 'quiet' layoffs as Beijing promotes AI adoptionChinese companies are quietly implementing AI-driven layoffs and reducing graduate hiring to boost productivity, while carefully avoiding g...
- FIFA 2026: Brokerages bet on sector winners as soccer World Cup set to kick offThe 2026 FIFA World Cup will bring billions to host nations. Analysts expect a surge in spending on hotels, airlines, and retail. Beer sale...
- On This Day in History, June 8: Porsche is born, Ghostbusters release, Siam renamed Thailand, Orwell's Nineteen Eighty-Four published, NFL merger announced, Robert F. Kennedy laid to rest and other major eventsOn This Day in History, June 8, the world witnessed events that shaped politics, warfare, literature and culture. The Viking raid on Lindis...
- AI rally: SK Hynix, Micron Technology join trillion-dollar club; Taiwan bourse overtakes India in market valueThe AI boom is fueling a surge in chipmakers like SK Hynix, Samsung, and Micron, pushing them into the $1 trillion market-cap club. This gl...
- 2,400,000,000,000: Chinese are smoking nearly half of world's totalChina's cigarette consumption has surged by 39% between 2003 and 2023, contrasting with a global decline. Despite fewer young smokers, low ...
- Flipkart’s 13-minute delivery draws praise from Walmart Inc President and CEO John FurnerWalmart's CEO John Furner has expressed enthusiasm over Flipkart's groundbreaking 13-minute delivery service, marking it as a transformativ...
- Walmart’s international sales growth in Q4 driven by Flipkart, China unitsFlipkart powered Walmart's international growth in the first quarter of FY27. The ecommerce company boosted advertising revenue and profita...
- FIFA media rights officials visit India where no World Cup broadcast deal is yet signedFIFA officials are in India this week to secure a broadcast deal for the upcoming World Cup. Millions of Indian football fans may miss the ...
- From block to blue ticks: How China became big business for TwitterTwitter's dealings in China may come to the fore on Tuesday when the US Senate Judiciary Committee holds a hearing to consider a whistleblo...
- China steps up pressure on tech with draft online ad rulesInternet advertising must "meet the requirements for the establishment of socialist spiritual civilization and the promotion of excellent t...
- Facebook says it may open sales office in ChinaFacebook could open an office in China within a year, citing a person familiar with the matter, said media reports.
- Facebook to open sales office in China: ReportThe sales office would put, for the first time, Facebook employees inside mainland China, where its services are blocked.
- Google defends shrinking China market shareGoogle is hiring dozens of marketing and technical employees in China to defend a shrinking market share against local rivals.
- Withdrawal concerns ease; Google starts hiring in ChinaGoogle’s China business is hiring and advertisers are returning, as concerns ease that the government will shut the company’s operations af...
- Google launches free music search service in ChinaGoogle Inc said on Wednesday that it has launched a music search service in China that allows users to access music legally online in a for...
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