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Lalamove is seeking new funding at a valuation of $10 billion
Lalamove will seek new financing at a $10 billion valuation and intends to raise around $500 million in fresh capital ahead of its IPO.
TikTok’s ad revenue hits a 300% growth rate
While TikTok’s ad revenue is growing at a 300% compound annual growth rate, ByteDance’s advertising revenue in China has stagnated, despite recent growth in TikTok’s
WeChat payment is trialled on the Taobao App
Taobao has opened a small range of WeChat Pay functions for internal testing and has introduced two WeChat Pay payment methods to the payment options.
Former XPeng autonomous driving product director joins NIO
Huang Xin, former director of autonomous driving product of XPeng Automobile, joined NIO (a Chinese automobile manufacturer) as vice president.
TSMC and Samsung urge the U.S. to open its $52 billion chip subsidy plan
TSMC and Samsung Electronics urged the U.S. to allow foreign companies to participate in the $52 billion subsidy plan.
Microsoft security chief is stressing the need for metaverse security
All software developers and users must consider ahead of time how to keep the metaverse safe and avoid hackers, abuse, harassment and so on.