Yingzhi Yang
Stories by Yingzhi Yang
China fines education startups Yuanfudao, Zuoyebang for misleading consumers
Chinese regulators have stepped up efforts to rein in education companies' excessive advertising and false pricing.
Shares of Tencent-backed insurtech firm Waterdrop slumps in NYSE debut
The listing was seen as a test of investor appetite for Chinese fintech amid a regulatory crackdown.
China launches antitrust probe into food delivery giant Meituan
Tencent-backed Meituan raised $10 billion in a stock and convertible bonds sale this month.
China’s ByteDance says it has no immediate plans for public listing
ByteDance has also been exploring possibilities to list Douyin.
China’s EV firm Jidu Auto to invest $7.7b in ‘robot’ smart cars
Jidu Auto is an EV venture between tech giant Baidu and automaker Geely.
ByteDance’s gaming unit Nuverse buys C4games
Nuverse agreed to acquire Shanghai-based gaming studio Moonton Technology in March.
ByteDance mulls NY or Hong Kong listing for short video app Douyin
The company had also been considering listing some of its Chinese businesses including Toutiao.
TikTok owner ByteDance hires Xiaomi exec as CFO in a step towards IPO
The new CFO role will be ByteDance global operations' only C-suite position besides CEO Zhang Yiming.
ByteDance acquires gaming studio Moonton at around $4b valuation
Moonton, founded by an ex-Tencent employee, is most famous in SE Asia for its game Mobile Legends.
China market regulator clamps down on live-streaming e-commerce
The move is the latest in a series of measures to rein-in a thriving platform economy.
