China Archives - ExchangeWire.com https://www.exchangewire.com/blog/category/apac/china-3/ ExchangeWire provides global data and insight on media, marketing and commerce Mon, 11 Sep 2023 10:43:00 +0000 en-GB hourly 1 https://wordpress.org/?v=6.7 Netflix Reappoints Susan Rice to Board; Instacart to Target Reduced Valuation Range at IPO https://www.exchangewire.com/blog/2023/09/12/netflix-reappoints-susan-rice-to-board-instacart-to-target-reduced-valuation-range-at-ipo/ Tue, 12 Sep 2023 06:15:00 +0000 https://www.exchangewire.com/?p=1750355 In today’s ExchangeWire news digest: Netflix announces Susan Rice's return to its board of directors; Instacart to target a drastically lower valuation ahead of IPO; and China is on track to remain the world’s leading e-commerce market.

Susan Rice reappointed to [...]

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]]> Big Tech Braces for Digital Markets Act Update; Arm Increases IPO to up to $51 a Share https://www.exchangewire.com/blog/2023/09/06/us-tech-giants-brace-for-digital-markets-act-update-arm-increases-ipo-to-up-to-51-a-share/ Wed, 06 Sep 2023 06:30:00 +0000 https://www.exchangewire.com/?p=1750208 In today's ExchangeWire news digest: tech firms in the US prepare for EU regulators' update to the Digital Markets Act; Arm increases its IPO to USD$47 - USD$51 (~£37 - £40) a share; and Baidu announces the imminent release of [...]

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]]> Could Shorts Cannibalise YouTube’s Core Business?; FTC Wins Administrative Ruling Against Intuit https://www.exchangewire.com/blog/2023/09/05/could-shorts-cannibalise-youtubes-core-business-ftc-wins-administrative-ruling-against-intuit/ Tue, 05 Sep 2023 06:15:00 +0000 https://www.exchangewire.com/?p=1749980 In today's ExchangeWire news digest: YouTube Shorts may risk killing the platform's core business; the FTC wins an administrative ruling against software firm, Intuit; and Chinese app stores prevent publishers from launching new apps unless they adhere to mandatory disclosures.

Shorts [...]

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]]> PDD Revenue Up 66%; The Premier League to Crack Down on Illegal Streaming https://www.exchangewire.com/blog/2023/08/30/canadians-continue-using-facebook-despite-news-block-pdd-revenue-up-66/ Wed, 30 Aug 2023 06:15:00 +0000 https://www.exchangewire.com/?p=1749833 In today's ExchangeWire news digest: PDD Holdings reports revenue has risen by two-thirds; the Premier League announces a crackdown on illegal streaming; and Facebook users in Canada continue to access the site despite Meta's block on news sites.

PDD revenue surges

PDD [...]

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]]> EU-US Data Pact Approved; Baichuan Releases LLM https://www.exchangewire.com/blog/2023/07/13/eu-us-data-pact-approved-baichuan-releases-llm/ Thu, 13 Jul 2023 05:00:00 +0000 https://www.exchangewire.com/?p=1748033 In today's ExchangeWire news digest: the EU-US Data Privacy Framework is approved by the European Commission; Baichuan launches a new large language model; and Roku and Shopify partner to bring shoppable ads to TV.

EU-US data transfer agreement given go-ahead

The European [...]

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]]> Tech Giants Become ‘Gatekeepers’ Under DMA; Sequoia Capital China Edges into SEA https://www.exchangewire.com/blog/2023/07/11/tech-giants-become-gatekeepers-under-dma-sequoia-capital-china-edges-into-sea/ Tue, 11 Jul 2023 05:00:00 +0000 https://www.exchangewire.com/?p=1747905 In today's ExchangeWire news digest: seven tech giants acquire 'gatekeeper' status under the DMA; Sequoia Capital's China unit sets up an office in Singapore; and Google informs users that public data will be used for AI training.

Tech giants gain EU [...]

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]]> Musk Threatens Meta with Lawsuit Over Threads; Chinese Regulators to Close Ant Group Revamp https://www.exchangewire.com/blog/2023/07/09/musk-threatens-meta-with-lawsuit-over-threads-chinese-regulators-to-close-ant-group-revamp/ Sun, 09 Jul 2023 22:58:00 +0000 https://www.exchangewire.com/?p=1747898 In today's ExchangeWire news digest: Elon Musk threatens to sue Meta over its "copycat" app; Chinese authorities are expected to end their investigation into Ant Group with a billion-Yuan fine; and a US federal judge has blocked government officials and [...]

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]]> Google Linked to PwC Tax Scandal; Quebecor Pulls Ads from Facebook, Instagram https://www.exchangewire.com/blog/2023/07/05/google-linked-to-pwc-tax-scandal-quebecor-pulls-ads-from-facebook-instagram/ Wed, 05 Jul 2023 22:58:00 +0000 https://www.exchangewire.com/?p=1747833 On today's ExchangeWire news digest: PwC Australia shared confidential tax information with Google; Canada's Quebecor confirmed it will stop advertising on Facebook and Instagram; and the US prepares tighter restrictions on China.

Google tied to PwC tax leak

An exclusive report from [...]

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]]> Google to Open Access to New Transparency Tool; Tech Titans Pull Back from Hong Kong https://www.exchangewire.com/blog/2023/06/13/google-to-open-access-to-new-transparency-tool-tech-titans-pull-back-from-hong-kong/ Tue, 13 Jun 2023 05:54:21 +0000 https://www.exchangewire.com/?p=1746261 In today's ExchangeWire news digest: Google prepares to open access to its new transparency tool; tech giants withdraw from Hong Kong and mainland China; and the EU advances its clampdown on crypto.

Google to open access for transparency tool

Google is set [...]

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]]> The Stack: Meta Lobbied Ireland Over Data Transfers; TikTok Creator Info Stored in China https://www.exchangewire.com/blog/2023/06/02/the-stack-meta-lobbied-ireland-over-data-transfers-tiktok-creator-info-stored-in-china/ Fri, 02 Jun 2023 08:00:00 +0000 https://www.exchangewire.com/?p=1745785 This week: Meta lobbied Irish ministers over data transfers, TikTok stores some creators' information in China...

Another eventful week for social media giants began with reports that Meta has lobbied Irish authorities over the transfer of European Facebook users' data to [...]

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