26 April 2025

TikTok has weakened the roles of two US-based executives in a leadership reshuffle, as the short-video app operator faces an uncertain future in its largest market, with a ban deadline looming unless Beijing-based owner ByteDance divests. Nicole Le Bourgeois, who leads TikTok Shop’s US operations, no longer directly reports to TikTok e-commerce head Bob Kang […]

Pure electric vehicles (EVs) are regaining their lost ground in mainland China as new battery technologies ease range anxiety while lower lithium prices make it increasingly affordable for consumers to own environmentally friendly cars. Sales of pure electric cars, also known as battery EVs (BEVs), reached 1.93 million units in the first quarter, a 48

ByteDance, the Chinese parent company of TikTok, is weighing a major investment in a data centre in Brazil, three people familiar with the matter told Reuters, tapping abundant wind energy on the country’s northeast coast. The company is in talks to partner with renewable energy producer Casa dos Ventos to develop a facility in the

With dual headquarters in Shanghai and Shenzhen, Dalton Venture will apply for an asset-management licence in Hong Kong next month and expects to start pursuing investments next year after receiving government approval, founding managing partner Steve Sun told the South China Morning Post in an interview on Friday. Dalton Venture aims to seize opportunities brought