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KEY STAT | ByteDance first quarter revenues up 130% with annual target half of Tencent’s 2019 earnings [Update]

TikTok’s owner set an annual revenue goal of RMB 200 billion, while more than 80% of its 2019 revenue was from online advertising.

2 mins read
  • Alipay hopes to increase adoption of the app among SME owners, while spurring consumer spending in China’s coronavirus-hit economy.

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    Alipay to give out USD 1.4 billion in coupons to boost consumption, increase app adoption

    3 mins read

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