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Mobile app data analysis firm Sensor Tower released a report Thursday claiming that in May, TikTok and its sister app for mainland China, Douyin, earned more than $277 million from the App Store and Google Play.
The popular short video sharing platform TikTok will cooperate with Virtual Dining Concepts to launch TikTok Kitchen, to provide food delivery services in the United States from March 2022.
NetEase Cloud Music announced that it has reached a strategic cooperation agreement with Fenghua Qiushi, a well-known Chinese music company.
With continuous increase in its net revenue, on-demand delivery firm Dada Group launched its IPO process on Nasdaq, hoping to expand.
J&T Express and BEST Inc. reached an agreement on Friday to acquire the latter's express delivery business in China at a price of $1.1 billion.
J&T Express, an express logistics company, was trending on Twitter-like Weibo on Friday because it had lost one user's graduation documents but was only willing to compensate 10 times the freight fees.
Anything is possible in business. The “Sharing economy” has penetrated into every aspect of life: sharing bicycle, sharing umbrellas (which though proved to be...
Shanghai-based internet company 2345 Network Holding Group announced on Thursday that its wholly-owned subsidiary has recently invested in a partnership alongside institutions such as battery giant CATL and Guoce Capital.
Recently, sharing gym have appeared in one neighborhood in Beijing, which occupies as small area as the newsstand. Its external wall impressively has words "Mip...
![[Exclusive] Zhang Yiming’s Full Internal Letter: ByteDance 'Understands' US Decision, Still Aspires to Become Transformative Global Company](https://assets.pandaily.com/uploads/2020/08/zhangyiming.jpg)
On August 3, at 12:40 PM, Beijing local time, ByteDance founder Zhang Yiming sent out an all-staff letter in response to the potential sale of TikTok’s US operations.
ChengXin YouXuan moved its headquarters to Beijing and Hangzhou at the end of July. The firm then cancelled the extra salary of employees and shifted its main goal from pouring money into business growth to pursuing profits.
Global smartphone shipments declined 3 percent annually, recording 386.8 million units in the third quarter according to Counterpoint’s Market Monitor service. ...