NewsChina’s mobile gaming market to reach USD 30 billion annual revenue by 2020The growth, however, is seeing a significant slowdown. 1 min read
The firm has undergone a string of executive changes since Alibaba first invested in 2014 NewsYouku still needs two more years to compete with Tencent Video and iQiyi, says company president1 min read
The price of the offering and the amount of shares to be sold have yet to be decided NewsAfter booking huge loss, Tencent-backed Huya plans a share sale to raise USD 550m1 min read
But the game has yet to get approval domestically. NewsTencent’s PUBG Mobile sees 83% monthly revenue growth in March1 min read
The Hong Kong-listed tech behemoth hopes the repurchase would push up its stock price. NewsTencent to buy back up to 10% of its shares1 min read
The company wants to take advantage of the country’s high income per household. NewsTencent takes its video streaming overseas, starting with Thailand1 min read
But the move could curtail their future growth. NewsChinese short video apps Douyin and Kwai introduce feature to cut users’ screen time2 mins read
The company moves into entertainment production. NewsByteDance invests in celebrity management agency1 min read
One app is a particular favorite. NewsChinese apps dominate Middle East short video and live streaming market1 min read
