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The Latest Breaking News from Douyin

TikTok investigating claims of UK-based executive saying he ‘didn’t believe’ in maternity leave

UK-based e-commerce boss Joshua Ma to step back from role, according to reports

The Guardian - UK

Living in TikTok's Shadow, Kuaishou Bleeds Red Ink and Cash

Key Takeaways: Kuaishou’s adjusted net loss narrowed in the first quarter, but its ad revenue came under pressure during China’s latest Covid containment measures

Benzinga

Is Tencent Past the Worst as Government Sends Easing Signals?

Key Takeaways: Tencent reported its first quarter profit fell 22.9%, but the market believes the worst is past after Beijing’s recent end to its freeze on new game approvals

Benzinga

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TikTok Is Eating Up Rivals. Can It Keep Users Hooked?

If the sun is setting on Facebook, then TikTok is dancing in the moonlight. How long can its short-form video hold consumers' fickle attention?

Bangkok Post

Chinese TikTok Users Are in Love With ‘Daddy Putin’

Foreign Policy

Meituan's Latest Move Rivals Against Likes Of Alibaba, JD

Meituan (OTC:MPNGY), famed as the "Amazon.com Inc (NASDAQ:AMZN) of services" in China, looked to expand its bouquet of services, tech node reports. The giant service app, whose services ranged from food delivery to travel booking, expanded to selling physical goods akin to Amazon. Meituan's latest move fired up rivalry against China's domestic retail…

Benzinga

China’s Women ‘Hold Up Half the Sky’

Entrenched gender inequality and the heavy hand of censors can no longer silence female voices in China.

The News Lens

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China’s Cyberspace Regulator Drafts New Rules to Protect Minors

Companies engaged in online gaming, livestreaming, audio and video in China should set up a "youth mode" to protect minors, according to draft regulations issued on Monday by the Cyberspace Administration of China. The major platforms should regularly conduct assessments on cyber protection for minors in order to provide a…

Asharq Al-Awsat

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