Entertainment

There’s a bumpy road ahead for iQiyi and Tencent Video, the world’s second- and third-major video streaming services by paying user base.

In China, users spent an average of 600 million cumulative hours watching short-form videos, according to the 2019 Internet Trend Report.

Here’s a breakdown of how Chinese short-video app operators are spreading their rivalry to other continents.

Kwai has big plans for its Chinese New Year holiday campaign in 2020

The bi-annual internet report published by the Chinese government provides insights of various internet sectors’ current developments.

More than 80% of the movie tickets were purchased online, while online streaming platforms and bullet chats form the new movie-watching experience in China.

The number of Chinese users paying for knowledge will hit 387 million this year.

Chinese video streaming platforms are trying different ways to pave the way to profitability.