The US and China continue to lead the Hurun global unicorn list for 2021, says chief researcher of the report, Rupert Hoogewerf, although China is slightly behind the US, according to the Free Malaysia Today. “With its flagship TikTok closing in on 3 billion daily users, [ByteDance] has now grown to become a serious challenger to Facebook,” the report said.Read More →
Bytedance’s Tiktok has become a global gamechanger, and extraordinary achievements from a China-based company, says innovation analyst Matthew Brennan, author of Attention Factory: The Story of TikTok and China’s ByteDance at Spectra 2021.Read More →
Marketing expert Ashley Dudarenok looks at the wave of regulatory changes hitting industries and especially tech firms at her vlog. “China tries to set up a more sustainable digital ecosystem,” she explainsRead More →
Bytedance, the mothership of both Douyin and Tiktok, has reorganized its leadership and its internal organization, including founder and CEO Zhang Yiming. A good sign at a maturing giant, says Shanghai-based VC William Bao Bean at the Asia Nikkei.Read More →
Most rich in China are self-made, first in agriculture, then real estate, and the past five years in new energy, says Hurun chairman Rupert Hoogewerf at the release of the 2021 Hurun China rich list. Compared to Hong Kong and Taiwan, mainland rich seldom inherited their wealth, he added.Read More →
Internet watcher Matthew Brennan, author of “Attention Factory: The Story of Tiktok and China’s Bytedance,” discusses at BW Dialogue Tiktok and Bytedance, and looks at how much the Covid-19 crisis has changed the industry.Read More →
China’s central government has tried to fix the country’s toxic work culture, especially banning the “996” — working from 9 am to 9 pm, six days a week. But China expert Arnold Ma does not believe the workers themselves really want this, he tells Jing Daily.Read More →
Internet expert Matthew Brennan, author of Attention Factory: The Story of Tiktok and China’s Bytedance discusses the role of Tiktok in generating the attention economy, at the launch of his book in India, with Abhijit Bhaduri. Read More →
China’s crackdown on tech firms is in the longer run benefiting consumers and the industry itself, says business analyst Shaun Rein about the governmental efforts to curtail free-wheeling companies.Read More →
China is number one in e-commerce, online shopping, payment, logistics, and much more. No wonder foreign brands love the second largest economy in the world, says e-commerce expert Ashley Dudarenok on her vlog.Read More →
China’s government is tightening the strings for tech companies, especially when it comes to data management, says business analyst Ben Cavender at RTHK. “I think you’re going to see companies like this that really do peddle in data come under a lot more scrutiny going forward,” he said.Read More →
Initially, short-video apps in China booked their successes among youngsters, but now also seniors find their way, and apps try to monetize the elderly followers, says marketing expert Ashley Dudarenok to Kr-Asia.Read More →