NewsBilibili posts slower revenue growth amid widening lossesAverage monthly active users only increased 30% YoY to 223.3 million. 1 min read
Co-CEO Zhao says chip shortage will last at least until end of 2021. NewsTop China chipmaker SMIC says sales to grow despite US sanctions4 mins read
EV deliveries increased nearly 500% compared to the same quarter in 2020. NewsKEY STAT | Xpeng posts robust revenue growth as autonomous driving software propels company forward1 min read
Alibaba’s new investment strategy includes three main areas, including domestic consumption, globalization, and cloud and advanced technologies. NewsAlibaba prepares investment spree as company looks past antitrust woes3 mins read
Lu was booted from Luckin and evaded criminal charges. Now, he’s about to launch a 500-store noodle chain. NewsDisgraced Luckin Coffee founder Lu Zhengyao cooks up new business2 mins read
The Guangzhou-based firm expects to roll out truly driverless robotaxi services without safety operators in China by 2021. NewsKEY STAT | Self-driving vehicle developer WeRide bags new funds to explore commercialization2 mins read
Tencent doesn’t have a platform to directly rival Alibaba’s Taobao, but it remains relevant in the e-commerce space thanks to WeChat and investments in other e-commerce platforms. VideosVIDEO | Here’s how Tencent is challenging Alibaba in China’s e-commerce sector1 min read
The company is a spinoff of Chicago-based MRO products giant Grainger. NewsIndustrial supplier MyMRO profits from China’s transparency drive, raises hundreds of millions of yuan2 mins read
This is an abbreviated summary of KrASIA’s Decoded Episode 1 on ByteDance. EventsByteDance — Digital Ubiquity | Decoded Ep 13 mins read
