Ant turning from windfall to nightmare for global investorsAuthorities also berated Ant for sub-par corporate governance, disdain toward regulatory requirements, and engaging in regulatory arbitrage.
28 Dec, 2020, 02.31 PM IST
TikTok tug-of-war ensnares app’s affable billionaire founderThe reclusive founder has expressed his frustration with U.S. authorities to ByteDance employees. In an all-hands memo recently, Zhang said...
08 Aug, 2020, 09.48 AM IST
Why open a store? Chinese merchants go live-streaming insteadThese days, shoppers are making their way back to once deserted malls and shops as China emerges from its long winter of coronavirus shutdo...
14 May, 2020, 02.53 PM IST
Tencent’s set for fastest growth since 2018 after virus outbreakTencent’s stock began climbing in February after the outbreak exposed the dichotomy of the world’s second largest tech economy. While virtu...
16 Mar, 2020, 10.18 AM IST
Coronavirus outbreak drives demand for China’s online grocersIt’s an unexpected windfall for grocery delivery services that have perennially struggled with the logistics of transporting perishables li...
11 Feb, 2020, 02.26 PM IST
SoftBank-backed Oyo lays off thousands across India, ChinaSoftBank-backed Oyo plans to shed another 1,200 in India over the next three to four months, sources said.
11 Jan, 2020, 12.45 PM IST
TikTok owner has a new music app for India - RessoByteDance Inc is testing a new music app in India and Indonesia as it tries to pull off another global sensation.
11 Dec, 2019, 06.49 PM IST