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ByteDance

Bussiness

Hurun Rich List: China’s wealthiest lose money due to economy and market slides

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China’s wealthiest people saw their net worth drop sharply over the past year because of economic turbulence and beleaguered stock markets, according to the...
Bussiness

📬 Amazon’s remote-work era is over

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Good morning, Quartz readers!HERE’S WHAT YOU NEED TO KNOWA huge typhoon struck Shanghai. More than 400,000 people were evacuated from the path of Typhoon...
Infra

ByteDance, Alibaba, SenseTime top China’s generative AI infrastructure services market

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GenAI refers to algorithms that can be used to create new content – including audio, code, images, text, simulations and videos – in response...
Shopping

Chinese e-commerce sales up 14% for 618 shopping festival, report says

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Douyin, the Chinese version of TikTok, led all other platforms with a 26.2 per cent surge in GMV, followed by Pinduoduo’s 17.7 per cent...
Shopping

Chinese e-commerce sales up 14 per cent for 618 shopping festival, report says

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Douyin, the Chinese version of TikTok, led all other platforms with a 26.2 per cent surge in GMV, followed by Pinduoduo’s 17.7 per cent...
Shopping

Alibaba, Xiaohongshu boost sales in midyear shopping festival

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Alibaba Group Holding said it is seeing “encouraging” user engagement and merchant growth during the 618 midyear online shopping festival, as rival Xiaohongshu, China’s...
Jobs

ByteDance said to cut 450 jobs in Indonesia after TikTok Shop-Tokopedia deal

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The reductions, equal to about 9 per cent of employees at the Indonesian unit, will commence as soon as this month, according to people...
Shopping

Alibaba’s pro tip to CEOs: live-stream on Taobao to engage consumers

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Alibaba Group Holding is pushing CEOs to live-stream on its domestic e-commerce platform Taobao, as the tech giant ramps up efforts to win back...
Shopping

Alibaba’s pro tip to CEOs: live-stream on Taobao to engage consumers

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Alibaba Group Holding is pushing CEOs to live-stream on its domestic e-commerce platform Taobao, as the tech giant ramps up efforts to win back...

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