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bytedance

Alibaba, Xiaohongshu tout sales growth in China’s midyear e-commerce festival

by Anas Siddiqui
Alibaba, Xiaohongshu tout sales growth in China’s midyear e-commerce festival

Alibaba Group Holding said it is seeing “encouraging” user engagement and merchant growth during the 618 midyear online shopping festival, as rival Xiaohongshu, China’s answer to Instagram, said its online …

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China’s AI giants cosy up to virtual companions as loneliness drives chatbot revenue

by Ron Morgan
China’s AI giants cosy up to virtual companions as loneliness drives chatbot revenue

The companies have each built their own answer to established foreign apps like Character.ai and Replika. Last year, Baidu launched Xiaokan Planet and Tencent’s online literature arm China Literature rolled …

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ByteDance said to cut 450 jobs in Indonesia after deal merging TikTok Shop with Tokopedia

by Walter Watson
ByteDance said to cut 450 jobs in Indonesia after deal merging TikTok Shop with Tokopedia

The reductions, equal to about 9 per cent of employees at the Indonesian unit, will commence as soon as this month, according to people familiar with the matter. The final …

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Apple’s Vision Pro headset sets launch in China, where it faces ByteDance, Huawei

by Anas Siddiqui
Apple’s Vision Pro headset sets launch in China, where it faces ByteDance, Huawei

Apple’s Vision Pro mixed-reality (XR) headset will be available for pre-order in China starting on Friday, four months after the gadget went on sale in the US. Each customer is …

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Chinese food delivery giant Meituan beats estimates to post 25% quarterly revenue increase

by Anas Siddiqui
Chinese food delivery giant Meituan beats estimates to post 25% quarterly revenue increase

Meituan, China’s biggest on-demand services provider, on Thursday reported a higher-than-expected 25 per cent year-on-year increase in first-quarter revenue, boosted by gains from its core local commerce operations led by …

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Alibaba courts CEOs to start live-streaming on Taobao during 618 shopping festival

by Anas Siddiqui
Alibaba courts CEOs to start live-streaming on Taobao during 618 shopping festival

Alibaba Group Holding is pushing CEOs to live-stream on its domestic e-commerce platform Taobao, as the tech giant ramps up efforts to win back consumers from rising rival Pinduoduo and …

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Tencent’s WeChat requires disclosure of AI-generated content to combat misinformation

by Anas Siddiqui
Tencent’s WeChat requires disclosure of AI-generated content to combat misinformation

“If the content is AI-generated, it must be labelled,” WeChat said on Wednesday via its content-security account, Shanhu – the Chinese word for “coral”. The super app, marketed as Weixin …

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Top news app in U.S. has Chinese origins and ‘writes fiction’ with the help of AI

by Walter Watson
Top news app in U.S. has Chinese origins and ‘writes fiction’ with the help of AI

Billing itself as “the go-to source for all things local,” Newsbreak says it has over 50 million monthly users. Carlos Barria Last Christmas Eve, NewsBreak, a free app with roots in China that …

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Nintendo’s Pokémon and Riot Games have titles approved for sale in China

by Anas Siddiqui
Nintendo’s Pokémon and Riot Games have titles approved for sale in China

China’s video gaming regulator has approved a new batch of 15 foreign video games, with titles from League of Legends-maker Riot Games, Nintendo and Sega among those to be released …

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Chinese tech giant Tencent moves into Singapore tower to consolidate office space in city state

by Walter Watson
Chinese tech giant Tencent moves into Singapore tower to consolidate office space in city state

For now, Tencent is taking up one floor, or about half of a 56,000-square-foot (5,203-square-metre) flexible working space, in the tower. The Shenzhen-based firm may eventually move staff from another …

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