Yingzhi Yang
Stories by Yingzhi Yang
China’s antitrust regulator said to block Tencent’s videogaming merger
Tencent first announced plans to merge Huya and DouYu last year.
China launches cybersecurity probe into Zhipin, Huochebang, Yunmanman
The announcement comes a day after CAC ordered a suspension of app downloads for Didi.
China proposes rules to punish illegal e-commerce pricing
Consumers have complained that e-commerce platforms don't charge the same price for the same offerings.
TikTok owner ByteDance’s total revenue up 111% to $34.3b in 2020
It had 1.9 billion global monthly users in December 2020 for all its apps including TikTok.
Baidu unit aims to offer robotaxi service to 3m users in 2023
Baidu is partnering with BAIC Group’s electric vehicle brand ARCFOX to produce EV robotaxis.
ByteDance launches Volcano Engine brand to offer its ‘secret’ to corporates
ByteDance's recommendation system is considered the "secret sauce" in its success with apps including TikTok.
TikTok owner ByteDance launches share buyback after shelving IPO plans
ByteDance announced in April that it did not have imminent plans for a public listing.
China launches antitrust probe into property broker KE Holdings
KE Holdings counts Tencent and SoftBank among its investors.
China says ByteDance, Baidu, Kuaishou improperly collected user data
China Cyberspace Administration also named Microsoft and its two products Bing and LinkedIn.
China plans new crackdown on booming online private tutoring sector
Beijing's increasing oversight is already hitting education company stocks and fundraising plans.