Yingzhi Yang
Stories by Yingzhi Yang
Chinese online education firm Yuanfudao to raise $1.2b in new funding
In March, Yuanfudao raised $1 billion that valued it at $7.8 billion.
TikTok CEO Kevin Mayer quits after less than three months
Mayer was Walt Disney Co's top streaming executive before he joined TikTok on June 1.
Chinese search engine giant Baidu beats quarterly revenue estimates
Baidu said its total revenue fell 1 per cent to 26.03 billion yuan in the second-quarter ended June 30.
ByteDance initiates steps to enter online brokerage business in HK
Other Chinese-owned online stockbrokers in Hong Kong include Tiger Brokers and Tencent-backed Futu.
ByteDance founder defends TikTok’s US strategy in letter to employees
The company and Zhang have been heavily criticised on Chinese social media for entering into talks with Microsoft to sell TikTok’s US operations.
Microsoft talks to acquire TikTok’s US operations spark ire in China
The proposed acquisition will help Microsoft become a competitor to Facebook and Snap.
TikTok parent ByteDance considers listing China business in HK or Shanghai
ByteDance is also studying the option to list its non-China business in Europe or the US.
ByteDance AI research head to leave as pressure mounts on TikTok
Ma Wei-Ying joined ByteDance from Microsoft to become a vice president and head of the AI lab in 2017.
China’s Didi Chuxing launches standalone ride-hailing service
The new service targets younger customers and offers cheaper rides compared to its main app.
China’s ByteDance to invest in newly-launched education technology business
ByteDance operates one-on-one English tutoring app GoGoKid and online course livestreaming app Qingbei.
