NewsCHINA BRIEF | China to have its own version of livestream concert ‘One World: Together at Home’The three-day event will be named “Believe in the Future.” 1 min read
The Chinese government has imposed strict regulations to combat game addiction among young people last November. NewsCHINA BRIEF | Local government accuses mobile game and livestreaming companies of lax oversight1 min read
Tencent and NetEase own over 60% of China’s mobile gaming market combined. Visual StoriesKEY STAT | Mobile games to take over 70% of China’s gaming market in 20202 mins read
The firm also announced an expected slowdown in revenue for the first half of 2020 due to coronavirus. NewsTencent Music Entertainment sees profits grow as paying users rise2 mins read
Tencent’s WeSing, with over 100 million monthly active users, is the top app in this vertical. NewsCHINA BRIEF | NetEase tests karaoke app, competing with Tencent and Alibaba1 min read
The Japanese film studio’s music catalogue will be available online in China via NetEase Cloud Music. NewsNetEase, Japan’s Studio Ghibli team up to stream music from some of Hayao Miyazaki’s anime films2 mins read
Working from home is becoming a rising trend in China, fueled by the coronavirus outbreak. InsightsAs millions are forced to stay at home, China’s office apps battle for market share5 mins read
China’s second-biggest game publisher’s gaming revenue excesses RMB 10 billion for the 9th quarter straight. Visual StoriesKEY STAT | NetEase 2019 revenue reaches USD 8.5 billion on gaming growth2 mins read
The company reported total net revenues of USD 2.26 billion in 2019 Q4, up 9.2% from last year. NewsNetease stocks rise as Q4 earnings report beats estimates, led by gaming and education units2 mins read
NewsDeals in brief: Vertex Ventures backs ReN3 and Formas.ai; Featherless and SiamDL raise Series A funding; latest China investments, and more