ByteDance
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Alibaba approves $25 Billion in additional share buybacks
The firm attributes its recent drastic drop in net income to the decrease in value of its equity investments and…
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Baidu’s Ernie bot surpasses 100 million users, rivals ChatGPT
Chinese tech giant challenges competitors and expands global reach Chinese tech powerhouse Baidu recently announced that its artificial intelligence (AI)…
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Chinese tech giants’ push into U.S., Europe’s markets sets up potential clash with Amazon
Pinduoduo and TikTok owner ByteDance have launched international cross-border e-commerce websites in the last few months, aiming to take a…
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Unicorns double their value in a year to top $4 trillion
The most valuable private companies in the world have seen their value double to more than $4 trillion in just…
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China tells Alibaba, Tencent to open Platforms up to each other
China’s industry ministry has told technology companies including Alibaba Group Ltd and Tencent Holdings Ltd to stop blocking each other’s…
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Beijing has surpassed New York City to become the new billionaire capital of the world
Beijing is now home to more billionaires than New York City for the first time, per Forbes.The Chinese capital gained…
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