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On September 30, Asia Innovations Group Limited (AIG), a Singapore-based mobile app developer, announced that it had signed a business merger agreement with Magnum Opus Acquisition Limited (NYSE: OPA), a special purpose acquisition company (SPAC).
Over ten official accounts related to digital collections in WeChat, a social app owned by Tencent, were suddenly banned on Tuesday.
Xiaohongshu, a Chinese lifestyle-sharing platform, has begun recruiting restaurant and service providers for internal testing. The platform will soon introduce group-buying functions.
Some of ByteDance's new apps have recently been removed from online stores, including smart reading product “Shiqu,” recommendation platform “Kesong,” and real-time interactive community "Party Island."
JOYY Inc., a global video-based social media company, on Tuesday announced its unaudited financial results for the fourth quarter and full year of 2021.
Hello Group (formerly known as Momo Inc.), a platform that started as a place to meet strangers, is planning a second listing in Hong Kong.
Chinese social networking product developer Newborn Town announced on Thursday that it would establish a fund in partnership with Spriver Tech Limited and its wholly-owned subsidiary before March 31.
Metaverse-based social products are rapidly emerging as the new trendy focus for the Chinese tech world. According to Qimai Data, about 228 apps in China have added "metaverse" to their descriptions so far.
QQ, a 23-year-old social networking platform operated by Tencent, has been constantly transforming to fit shifting tech trends, and its content and social functions are getting closer to the preferences of young people.
On March 29, Tencent's two social platforms - WeChat and QQ - experienced a crash. Although the issue was resolved later that day and WeChat had previously experienced minor faults before this incident occurred, Tencent still issued severe punishment for it.
WOMO Technology, a Gen Z-oriented social platform based on AI two-way matching, has received over 20 million yuan ($2.97 million) in round-A financing.
ByteDance's short video sharing platform Douyin announced on July 18 that due to changing business developments, "Circle," a same-city social networking function, will be closed on July 29.