Kuaishou spent big on getting more users in 2020, but analysts say losses belie bright long term outlook

Source: South China Morning PostKuaishou Technology, the operator of China’s second-largest short video app and main…

Most asset managers still in ‘education mode’ on crypto, says Fidelity

Source: Cointelegraph.com NewsMichael Derbin, head of Fidelity Institutional, says that while some wealth managers are by…

Blockchain.com raises $300M in crypto industry’s third-largest capital raise

Source: Cointelegraph.com NewsThe investment round was led by DST Global, Lightspeed Venture Partners and VY Capital…

Russia’s money laundering watchdog monitoring crypto to ruble transactions

Source: Cointelegraph.com NewsRosfinmonitoring has informed the Russian parliament that it is paying close attention to transactions…

Xiaomi posts 261 per cent rise in quarterly profit after winning preliminary injunction against US investment ban

Source: South China Morning PostXiaomi Corp’s fourth-quarter profit rose 261 per cent to beat market estimates…

Elon Musk says Tesla vehicles can now be bought using bitcoin

Source: South China Morning PostTesla Inc chief Elon Musk said on Wednesday the company’s electric vehicles…

US, China look to shore up ties with allies after Alaska clash

Source: South China Morning PostThe United States and China are moving to bolster relations with their…

Corruption in China: retired Xinjiang police chief to face trial on bribery charges

Source: South China Morning PostA retired senior Xinjiang police official has been arrested on suspicion of…

Tencent-backed DouYu still wants to merge with Huya despite government antitrust concerns

Source: South China Morning PostDouYu and Huya, China’s top game video-streaming sites backed by internet giant…

Tencent-backed DouYu still wants to merge with Huya despite government antitrust concerns

Source: South China Morning PostDouYu and Huya, China’s top game video-streaming sites backed by internet giant…

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