Ding Yi

Alibaba’s Taobao and Tmall Business Group say a record number of merchants on the Taobao and Tmall platforms took part in this year's 618 shopping festival.

Chinese e-commerce giants stay mum about sales figures for 618 shopping festival

ByteDance is sharpening its focus on its main businesses of e-commerce and platforms such as TikTok and its Chinese sibling Douyin – implying a de-emphasis on VR, gaming, and education.

Tencent, ByteDance gut metaverse units in virtual reality check