TikTok’s 2023 revenue rises 75% in Europe, UK and other markets outside the US, Asia

TikTok’s 2023 revenue rises 75% in Europe, UK and other markets outside the US, Asia

ByteDance-owned international short video-platform TikTok has reported total revenue of US$4.6 billion in 2023, an increase of nearly 75 per cent from a year earlier, in markets excluding the United States, Asia and Oceania. TikTok, which has more than 1 billion users worldwide, attributed that rise to “the continued growth of [its] user base”, “enhanced … Read more

Opinion | Why are young Chinese lying flat? They need hope and opportunities

Opinion | Why are young Chinese lying flat? They need hope and opportunities

Many young people in China have been “lying flat” – or doing the bare minimum to get by – in recent years, or at least talking about it. Local government cadres have meanwhile been accused of lying flat at work. The social movement known as tang ping in Chinese grew out of a meme that … Read more

Taiwan politician Ko Wen-je and his party face ‘crisis of trust’ after arrest

Taiwan politician Ko Wen-je and his party face ‘crisis of trust’ after arrest

Ko – a former Taipei mayor and leader of the Taiwan People’s Party who finished third in the presidential race in January – was detained on August 31 after investigators raided his home and office. Prosecutors said he was questioned over his alleged role in a property development during his time as the city’s mayor … Read more

Young high-income earners more likely to ‘buy now, pay later’: 5 findings of IPS-CNA survey on youth finances

Young high-income earners more likely to ‘buy now, pay later’: 5 findings of IPS-CNA survey on youth finances

4. Those aged 25 to 39 spent the most on food, clothes and footwear, and utility bills, while those aged 21 to 24 are more likely to spend on hobbies Respondents aged 25 to 39 tended to spend the largest chunk of their income on food (around eight in 10) clothes and footwear (over six … Read more

More young people than ever will get colorectal cancer this year

More young people than ever will get colorectal cancer this year

A report published by the American Cancer Society in January suggests that rates of colorectal cancer are rising rapidly among people in their 20s, 30s and 40s — even as incidence is declining in people over the age of 65. “It’s unfortunately becoming a bigger problem every year,” said Dr. Michael Cecchini, a co-director of … Read more

18-Year-Old Uses £400 During COVID to Launch £1M Business: We’re ‘Gen-Z’s Favourite Jewellery Brand’

18-Year-Old Uses £400 During COVID to Launch £1M Business: We’re ‘Gen-Z’s Favourite Jewellery Brand’

Without a degree in business, Amelia Hitchcock-Merritt built jewellery brand Bijoux De Mimi from her bedroom during the COVID-19 lockdown in the UK. At just 18 years old, after being inspired by a trip to Paris in 2020, Hitchcock-Merritt told Hello!: “I launched Bijoux when I was 18, with £400 of my own savings from … Read more