NewsByteDance to shut down Q&A app Wukong WendaSeveral high-profile ByteDance products flopped or failed to gain steam. 2 mins read
WeChat Read, with 210 million registered users, has grown on the back of the WeChat network. NewsWeChat is reportedly releasing a Kindle-like e-reader2 mins read
As of October, China’s music streaming services reached 620 million MAUs, while paying users surpassed 70 million. NewsAlibaba’s music streaming service Xiami to shut down after 12 years2 mins read
Bilibili’s Nasdaq-listed stock rose more than fivefold this year. NewsBilibili expects millions to tune in to New Year’s Eve gala3 mins read
Similarly, its competitors had announced talent hunt shows and competitions to increase their pool of content creators. NewsIndia’s short video app MX TakaTak announces fund to entice content creators2 mins read
Coin Master is Moon Active’s most popular game, doubling the company’s revenue to USD 1.1 billion this year. NewsIsrael’s Moon Active acquires Belarus game developer Melsoft2 mins read
Bilibili is using its cachet in anime to set it apart from Tencent and iQiyi. NewsBilibili lands in Thailand, Malaysia in streaming race against Tencent and iQiyi2 mins read
Google directly competes with InMobi in adtech category. NewsGoogle announces two investments in India, leads USD 145 million round in InMobi’s Glance3 mins read
Tencent Music Entertainment participated in the deal. NewsKEY STAT | Tencent buys additional 10% stake in Universal Music Group1 min read
NewsDeals in brief: Granite Asia leads investment in VFlowTech, Alterno and BrioHR raise funding, latest China deals, and more
