Insights
19-Jun-19 Popular short-form video app TikTok, developed by China's ByteDance, has been slowly ramping up its advertising strategy. However, the company still generates revenue from in-app purchases, and that number hit a high of USD9 million in May 2019. [image: TechCrunch]
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19-Jun-19 Telecom firms are driving 5G initiatives in tele-diagnosis, remote surgeries and smart hospitals across China. As China deals with its ageing society, healthcare will increasingly become a priority area for 5G applications in an effort to reduce care costs. [image: Xinhua]
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10-Jun-19 Vingroup JSC has started work on a smartphone factory with a 125 mn unit capacity. CEO Nguyen Viet Quang said orders from partners in the US and Europe spurred the investment in increasing its current capacity by 25 times. [image: Reuters / Mai Nguyen]
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25-Mar-19 China plans to accelerate commercialisation of 5G in a "final sprint", with 60% of the USD256 bn 2019 tech budget allocated to telecommunications. Industrial Internet, smart transport, intelligent manufacturing, smart medical care and digital agriculture are among the priorities. [image: South China Morning Post]
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Insights
12-Mar-19 Kenya’s Safaricom has secured a deal to use its M-Pesa mobile payment service for online shopping on Aliexpress, run by Chinese e-commerce giant Alibaba Group. The agreement will allow Kenyan shoppers to buy goods on the site using M-Pesa. [image: Reuters / Noor Khamis]
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