Recent and archived articles by Yingzhi Yang
The Beijing-based new media giant counts deep-pocketed investors such as SoftBank among its backers.
Former Facebook executive Blake Chandlee has been named the head of strategic partnerships at TikTok.
A US warning on the security risks of Chinese-made drones has raised the spectre of DJI being placed under a trade ban.
Xiaomi is seeking to capitalise on coming era of artificial intelligence and Internet of Things.
In-app purchases were up 222% year on year, hitting US$18.9mil globally.
The Chinese company is currently the world’s most valuable unicorn with a valuation of US$76bil.
Xiaomi’s annual adjusted net profit for 2018 was 8.6bil yuan (RM5.24bil).
Bytedance operates the popular short video app Douyin, known as TikTok outside China, which competes with Tencent-backed Kuaishou and others.
Tech firm trying to transform itself from a smartphone maker to an internet services firm. New departments will focus on AI, big data and cloud computing.
Former Uber CEO Kalanick is partnering with Zhang Yanqi, former COO at bicycle-sharing firm Ofo, sources say.