ByteDance aims to match Meta sales in 2025 as TikTok gains steam

ByteDance aims to match Meta sales in 2025 as TikTok gains steam

Its flagship Chinese video platform Douyin is grappling with waning consumption and advertising spending across the world’s second-largest economy Published Fri, May 16, 2025 · 11:10 AM [HONG KONG] ByteDance is targeting revenue growth of about 20 per cent in 2025 despite a potential global economic downturn, a pace of expansion that could help it…

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US considers more Chinese companies for ‘entity list’, source says

US considers more Chinese companies for ‘entity list’, source says

Published Fri, May 16, 2025 · 08:05 AM [WASHINGTON] The US Commerce Department is considering placing more Chinese companies, including ChangXin Memory (CXMT), on its restricted export list, a person familiar with the matter said. The Bureau of Industry and Security is also looking at adding subsidiaries of Semiconductor Manufacturing International Corporation and Yangtze Memory…

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Retailers rush to save US summer shopping season

Retailers rush to save US summer shopping season

[NEW YORK] US retailers including Walmart and several clothing brands are racing to secure China-made merchandise for the busy summer shopping season starting in late May after Washington and Beijing agreed to temporarily slash tariffs. The agreement on Monday to lower US tariffs on shipments from China to 30 per cent from 145 per cent for the…

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US: Stocks end mostly up after mixed data

US: Stocks end mostly up after mixed data

Published Fri, May 16, 2025 · 06:14 AM [NEW YORK] Wall Street stocks finished mostly higher on Thursday following mixed US economic data as markets await further announcement from Washington of trade deals. Data showed US retail sales were near-flat in the United States in April, while US wholesale inflation unexpectedly fell during the month. “We’re back…

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3 Things to Look for in a Full-Service Marketing Agency

3 Things to Look for in a Full-Service Marketing Agency

Having the best products or services isn’t enough for your business. The old adage that if you build something, customers will come is an exaggeration. You need to give consumers a reason to come. Effective marketing campaigns can help your business reach consumers who fit your target demographic. However, you may not have the in-house…

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