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Jack Ma's Surprise Internal Memo To Alibaba Staff
Jack Ma urged Alibaba staff to take a page from hard-charging rival PDD Holdings Inc. in a surprise internal memo, in which the billionaire called on the company he co-founded decades ago to embark on fundamental change.
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TikTok's Livestreamed Marketplace Emerges as Threat to Amazon, Expected to Hit $20 Billion in Value
TikTok Shop is a livestreamed marketplace within TikTok, and a gold rush for entrepreneurs seeking fortunes on the world’s most popular short-video app. For the company, best known for viral dance challenges and owned by China’s ByteDance, TikTok Shop is its fastest-growing feature with a burgeoning fan base in Southeast Asia.
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Alibaba Turns To Little-Known Coder To Continue Jack Ma's Legacy
Alibaba Group Holding Ltd. ushered through a parade of high-profile stewards over its 24-year history, from the larger-than-life Jack Ma himself to a succession of C-suite executives who frequent conference and diplomatic circles.
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How Asia's Hottest New App Was Sunk By Secret China Connections
For a short stretch early this year, Bondee seemed on track to be the next hot app in some of the biggest markets in Asia. Millions of young people were drawn to the idea of creating cute avatars.
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TikTok Under Fire Reveals $13 Billion Drop in Founder's Fortune
TikTok CEO Shou Chew's testimony before Congress last week has done little to assuage US security concerns surrounding the social-media company.
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Tencent Is Planning a Valorant League as Gaming Crackdown Eases in China
Tencent is planning to host a Valorant esports tournament as the FPS game rolls out in China, following a two-year industry crackdown. Talks are in their initial stages and Tencent could push back its timeline from its predicted summer window. A Valorant league should help kickstart competitive online gaming in China after pandemic restrictions and...
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World of Warcraft China Shut Down Cuts Off Millions of Gamers
Gamers in China have lost access to World of Warcraft, owing to the furious dispute between Activision Blizzard and NetEase, its longtime partner in the market. The Chinese game publisher confirmed previously that it rejected a proposal from Blizzard to extend the partnership for six months. Blizzard has promised World of Warcraft players in the co...
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Bitmain Co-Founder Wu Jihan Turns His Second Crypto Venture Matrixport Into Unicorn
Matrixport led by Bitmain Founder Wu Jihan is now valued at $1 billion (roughly Rs. 7,440 crores) in two years since its inception. The Singapore-based startup has raised over $100 million (roughly Rs. 740 crores) in the Series C funding round.
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TikTok Founder Zhang Yiming's $60-Billion Fortune Makes Him One of the World's Richest, but Not Without Risks
ByteDance founder Zhang Yiming is among the world’s richest people — a distinction that lately has carried increased risks in China. Learn more about him.
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TikTok Founder, 38, Is Among World's Richest With $60 Billion Fortune
Just last year, the world's most valuable startup, ByteDance Ltd., was being squeezed from all sides.
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Tencent's Pony Ma Looks For Growth After China Threat Erases $170 Billion
Beijing's clampdown on its most powerful internet firms is clouding the prospects for Tencent Holdings Ltd. and its $120 billion financial services operation just as it's casting around for new sources of growth.
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Ex-Googler Turns Virtual Gifts Into a $61 Billion Business With Chinese Video App Kuaishou
Kuaishou, the Chinese video app, has become the biggest live-streaming platform for virtual gifts beating rival and TikTok parent ByteDance. The company raised $5.4 billion in Hong Kong in the biggest internet initial public offering since Uber in 2019.
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TikTok To Exit Hong Kong After Chinese Law Controversy, May Fuel Exodus
ByteDance Ltd.'s TikTok declared it will remove its app from Hong Kong mobile stores in coming days, becoming the first internet service to withdraw from the city after Beijing enacted sweeping powers to crack down on national security threats.
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TikTok Owner ByteDance Is Testing Music App 'Resso' in India, Indonesia, in Bid for Next Global Hit
Resso has been installed by about 27,000 users across the iOS App Store and Google Play, according to data compiled by Sensor Tower.
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Facebook Said to Have Passed on Buying TikTok's Predecessor for This Reason
Facebook held talks over several months in 2016 to determine whether to buy Musical.ly, a rival app that would eventually evolve into global teen video sensation TikTok.
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Jack Ma's Surprise Internal Memo To Alibaba Staff
Jack Ma urged Alibaba staff to take a page from hard-charging rival PDD Holdings Inc. in a surprise internal memo, in which the billionaire called on the company he co-founded decades ago to embark on fundamental change.
-
TikTok's Livestreamed Marketplace Emerges as Threat to Amazon, Expected to Hit $20 Billion in Value
TikTok Shop is a livestreamed marketplace within TikTok, and a gold rush for entrepreneurs seeking fortunes on the world’s most popular short-video app. For the company, best known for viral dance challenges and owned by China’s ByteDance, TikTok Shop is its fastest-growing feature with a burgeoning fan base in Southeast Asia.
-
Alibaba Turns To Little-Known Coder To Continue Jack Ma's Legacy
Alibaba Group Holding Ltd. ushered through a parade of high-profile stewards over its 24-year history, from the larger-than-life Jack Ma himself to a succession of C-suite executives who frequent conference and diplomatic circles.
-
How Asia's Hottest New App Was Sunk By Secret China Connections
For a short stretch early this year, Bondee seemed on track to be the next hot app in some of the biggest markets in Asia. Millions of young people were drawn to the idea of creating cute avatars.
-
TikTok Under Fire Reveals $13 Billion Drop in Founder's Fortune
TikTok CEO Shou Chew's testimony before Congress last week has done little to assuage US security concerns surrounding the social-media company.
-
Tencent Is Planning a Valorant League as Gaming Crackdown Eases in China
Tencent is planning to host a Valorant esports tournament as the FPS game rolls out in China, following a two-year industry crackdown. Talks are in their initial stages and Tencent could push back its timeline from its predicted summer window. A Valorant league should help kickstart competitive online gaming in China after pandemic restrictions and...
-
World of Warcraft China Shut Down Cuts Off Millions of Gamers
Gamers in China have lost access to World of Warcraft, owing to the furious dispute between Activision Blizzard and NetEase, its longtime partner in the market. The Chinese game publisher confirmed previously that it rejected a proposal from Blizzard to extend the partnership for six months. Blizzard has promised World of Warcraft players in the co...
-
Bitmain Co-Founder Wu Jihan Turns His Second Crypto Venture Matrixport Into Unicorn
Matrixport led by Bitmain Founder Wu Jihan is now valued at $1 billion (roughly Rs. 7,440 crores) in two years since its inception. The Singapore-based startup has raised over $100 million (roughly Rs. 740 crores) in the Series C funding round.
-
TikTok Founder Zhang Yiming's $60-Billion Fortune Makes Him One of the World's Richest, but Not Without Risks
ByteDance founder Zhang Yiming is among the world’s richest people — a distinction that lately has carried increased risks in China. Learn more about him.
-
TikTok Founder, 38, Is Among World's Richest With $60 Billion Fortune
Just last year, the world's most valuable startup, ByteDance Ltd., was being squeezed from all sides.
-
Tencent's Pony Ma Looks For Growth After China Threat Erases $170 Billion
Beijing's clampdown on its most powerful internet firms is clouding the prospects for Tencent Holdings Ltd. and its $120 billion financial services operation just as it's casting around for new sources of growth.
-
Ex-Googler Turns Virtual Gifts Into a $61 Billion Business With Chinese Video App Kuaishou
Kuaishou, the Chinese video app, has become the biggest live-streaming platform for virtual gifts beating rival and TikTok parent ByteDance. The company raised $5.4 billion in Hong Kong in the biggest internet initial public offering since Uber in 2019.
-
TikTok To Exit Hong Kong After Chinese Law Controversy, May Fuel Exodus
ByteDance Ltd.'s TikTok declared it will remove its app from Hong Kong mobile stores in coming days, becoming the first internet service to withdraw from the city after Beijing enacted sweeping powers to crack down on national security threats.
-
TikTok Owner ByteDance Is Testing Music App 'Resso' in India, Indonesia, in Bid for Next Global Hit
Resso has been installed by about 27,000 users across the iOS App Store and Google Play, according to data compiled by Sensor Tower.
-
Facebook Said to Have Passed on Buying TikTok's Predecessor for This Reason
Facebook held talks over several months in 2016 to determine whether to buy Musical.ly, a rival app that would eventually evolve into global teen video sensation TikTok.
