On-demand logistics and delivery company Lalamove is close to completing a $1.5 billion financing round that would bring its valuation to around $10 billion, according to Chinese media.
US buffeting hasn’t stopped TikTok from flourishing in Europe, especially when the second wave of coronavirus has sent a large part of Europe back into lockdown.
Alibaba’s fresh food chain Freshippo has shut 21 of its Shenzhen stores to disinfect stores and perform nucleic acid tests for all employees and products.
Whilst efforts are being made to reduce educational inequality via EdTech, just how effective these policies and initiatives will be remains to be seen.
On May 7, Budweiser Asia Pacific announced its unaudited Q1 2020 financial results. The company’s revenue in Q1 fell by 39%, while its revenue in the Chinese market fell by as much as 45.4%.
On March 24, Indian Prime Minister Narendra Modi announced a 21-day lockdown to curb the spread of the COVID-19 epidemic that officially started on April 25.
American tourism experiences platform Airbnb is laying off about 25% of its workforce as the COVID-19 pandemic halts the travel industry and threatens the company's core business.
China's e-commerce platforms, including Alibaba, JD.com, and Pinduoduo, recently started reservations for COVID-19 testing in multiple cities.
Food delivery platform HungryPanda emerged as one of the key players in the past few years, specializing on Chinese food overseas, as large Western platforms have not yet added Chinese restaurants to their networks on a large scale due to cultural barriers or expensive commissions.
Alibaba introduced a fresh video-conferencing application Alibaba Cloud Meeting to further enhance the experience of remote work for companies.
Currently, the number of infected people in the United States is eight times more than that in China. Why is the US response to the virus such a spectacular failure?
The China Foreign Trade Centre confirmed Thursday that China's tech giant Tencent has become the technical service provider for the 127th Canton Fair.
Beijing-based ByteDance has started a recruiting spree in the middle of coronavirus tumult, opening 10,000 positions globally.
At a time when personal meetings are discouraged, and many people are unable to find help, online psychotherapy has emerged as a phenomenon that could not only help us survive the quarantine but also democratize psychotherapy forever.
Episode 65 of Tech Buzz China is a special one — a reading of the seventh issue of Extra Buzz, our new biweekly newsletter written by co-host Rui Ma.