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Sources: Shanghai-based AI startup MiniMax plans to price its Hong Kong IPO at ~$21, the top of its marketed range, and will stop taking orders a day early (Dave Sebastian/Bloomberg)

Dave Sebastian / Bloomberg : Sources: Shanghai-based AI startup MiniMax plans to price its Hong Kong IPO at ~$21, the top of its marketed...

1 January 2025

Report: users on Douyin, WeChat, and other short video apps in China dropped for the first time, reaching 1.05B in June 2024, ~300M fewer than in December 2023 (Coco Feng/South China Morning Post)

Coco Feng / South China Morning Post:
Report: users on Douyin, WeChat, and other short video apps in China dropped for the first time, reaching 1.05B in June 2024, ~300M fewer than in December 2023  —  The number of short video app users in China reached 1.05 billion at the end of June, about 300 million fewer than in December last year

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