Sources: TikTok is testing an AI feature that generates a virtual influencer and a script for a video ad based on prompts submitted by advertisers
potentially competing with creators for brand deals in the process. scoop with @jingyanghk and @JuroOsawa: https://www.theinformation.com/ ... Marshall Maher / @marvelle : Now the brands just need to ...
Sources: ByteDance's revenue rose 40%+ YoY to $29B in Q2, with markets outside of China accounting for nearly 20% of its total, and H1 2023 revenue hit ~$54B
Cory Weinberg / The Information : X: @natebecker . LinkedIn: Jessica E. Lessin X: Nate Becker / @natebecker : A cool $29 billion scoop this morning from @coryweinberg @JuroOsawa and @jingyanghk: That...
Sources: Jack Ma remains active in deciding Alibaba's strategy and engineered the company's split from overseas, telling executives it would make Alibaba nimble
Wall Street Journal : Tweets: @newley and @jingyanghk Tweets: Newley Purnell / @newley : Jack Ma's return in recent days followed repeated outreaches over recent months from Beijing, through retired ...
Ant Group says founder Jack Ma will give up control as the fintech giant nears the completion of its two-year restructuring driven by Chinese regulators
We can't find the page you're looking for. If you typed the URL … Christopher Rugaber / Tech Xplore : China's Ant Group says founder Jack Ma will give up control Igor Bonifacic / Engadget : Jack Ma c...
Visa, usually the exclusive Olympics payments partner, is competing with China's e-CNY during the Winter Olympics, as the government tests the digital currency
For decades, the U.S. card giant was the only electronic-payments provider at the Games. Not this time. — in Beijing and AnnaMaria Andriotis Tweets: @jchengwsj Tweets: Jonathan Cheng / @jchengwsj :...
Sources detail how Jack Ma's relationship with China's leadership soured, as he failed to keep up with Beijing's shifting views and tuned out warnings for years
The billionaire entrepreneur matched the heights of America's tech legends but failed to heed warnings that Chinese leader Xi Jinping still called the shots Tweets: @dilipthecherian , @jingyanghk , @n...
Sources: Ant Group is in talks with Chinese state-owned companies to create a credit scoring company that will put Ant's vast data under Chinese control
The fintech giant is in discussions to start a new credit-scoring business with Chinese state-owned enterprises Tweets: @jingyanghk , @lingling_wei , and @joshchin Tweets: Jing Yang / @jingyanghk : *O...
Profile of Tencent, China's most valuable company at ~$900B, with a powerful ecosystem including WeChat, and local and overseas startup investments worth ~$259B
The tech giant has investments worth an estimated $259 billion in Chinese and overseas startups Tweets: @ruima , @bluff_capital , @jodixu , @jchengwsj , @jingyanghk , and @jchengwsj Tweets: @ruima : N...
Profile of Tencent, China's most valuable company at ~$900B, with a powerful ecosystem including WeChat, and local and overseas startup investments worth ~$259B
The tech giant has investments worth an estimated $259 billion in Chinese and overseas startups Tweets: @bluff_capital , @jodixu , @jchengwsj , @jingyanghk , and @jchengwsj Tweets: @bluff_capital : $T...
By July, Chinese banks and trust companies had ~$230B in outstanding loans to users who borrowed via Alipay, a factor in new regulatory scrutiny of Ant Group
Wall Street Journal : Tweets: @melt_dem , @melt_dem , @melt_dem , @robertalanward , @jingyanghk , and @jchengwsj Tweets: Meltem Demirors / @melt_dem : 1/ the scale of FinTech in China is mind blowing...