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TikTok is letting go of staff and adding other cost-saving measures as it makes a new push for efficiency.
Kuaishou's shares are up 17% year to date, partially erasing earlier gains of 31% recorded in the first quarter, boosted by Chinese AI startup DeepSeek's breakthrough and the country's rising ...
In terms of search, Baidu is struggling to stem user migration to social-video platforms like Xiaohongshu and TikTok’s Chinese twin Douyin. Even web browsers are becoming AI battlegrounds, as Alibaba ...
TikTok staffers are bracing for layoffs after the company said it's making "organizational and personnel changes," in a memo ...
The method of entertaining people and encouraging them to shop seamlessly in an app has been successful for Douyin, the domestic Chinese version of ByteDance's TikTok and JD, a Chinese e-commerce ...
China’s first-ever police corgi, Fu Zai, is melting hearts online while serving as an explosive sniffer dog with Weifang ...
An illustration of a magnifying glass. An illustration of a magnifying glass.
TikTok’s dizzying ascent has come under the spotlight since the Biden administration led an effort to ban the Chinese-owned ...
ByteDance is targeting revenue growth of about 20% this year, which could help it catch up to rival Meta Platforms, according to Bloomberg. The TikTok parent company expects revenue to rise to about ...
The Hangzhou, China-based company on Thursday said revenue rose 6.6% to 236.45 billion yuan, equivalent to $32.80 billion. The growth in Alibaba's core e-commerce and cloud businesses supported the ...
Alibaba Group's fourth-quarter revenue grew even as the e-commerce giant continued to face fierce domestic competition and geopolitical uncertainties abroad.
The Cyberspace Administration of China, the country's top internet regulator, announced in April that since the beginning of ...