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Once a leader, Xiami saw its monthly active users (MAUs) fall to 22.4 million by October 2020, a tiny fraction of the 450 million for Tencent’s three music apps. Founder Wang Hao’s laid back style was reflected in Xiami’s philosophy of focusing on the music first but it may have also contributed to the decline.
HONG KONG, Jan 15 (SCMP): Xiami Music, the pioneering Chinese music streaming service owned by Alibaba Group Holding (which owns the Post), will close next month after management admitted it missed “crucial opportunities” in the battle with rival Tencent Music.
FOUR years ago, when I started university in France, I took three months to open my bank account.
Hit hard by the pandemic, service industries in Asia-Pacific countries explore novel models for survival under the ‘new normal’
ALIBABA Cloud, the data intelligence backbone of the Alibaba Group, has signed a memorandum of understanding with Xiamen University Malaysia to enhance the education and skills of the cloud computing staff and students through the Alibaba Cloud Academic Empowerment Programme.
WASHINGTON (Xinhua): As a result of the onset of the Covid-19 crisis, five trends shaping the Chinese economy have been accelerated, or "fast-forwarded," a recent report from McKinsey & Company has said.
Covid-19: China’s mobile traffic up 40% in March as information consumption surges amid coronavirus pandemic
Mobile data traffic volume for March jumped 39.3% from the same period a year ago. Monthly active users of telecommuting and online education services were up 29% and 30.1% respectively in March.
BEIJING: Chinese regulators ordered ByteDance Ltd to temporarily suspend downloads of its nascent Slack-style office app after discovering content from banned sites like Facebook and Twitter, dealing a blow to the startup’s broader internet ambitions.
At Lazada, the Southeast Asian arm of Alibaba Group Holding, staff are furious over demands they submit health reports daily and other coronavirus-prevention steps seen as too invasive, highlighting a long-running culture clash with management from China.