ByteDance launched AI-powered smartphone, facing backlash from rivals & concerns over security & usage restrictions.
ByteDance is developing a second-gen agentic AI phone with ZTE for 2026, challenging Apple, Huawei, with its OS-level Doubao assistant.
Sea Limited trades at 15.5x EV/FY26 EBITDA with profitable segments, strong GMV growth, rapid expansion, and a $1B buyback.
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