InsightsAlibaba Pictures burning cash to build up China’s largest movie ticketing platformAlibaba Picture’s race to dominate the movie ticketing space 2 mins read
Tencent Music operates China’s 3 most popular music-streaming apps. NewsTencent Music moves towards US IPO; Valuation said to double in four-month time3 mins read
Xiaoxiang Huyu is Tencent’s first move in game MCN (Multi-Channel Network) and its third investee in game-streaming after Douyu and Huya. NewsDeals | Tencent invests $4.8M in gaming Influencer agency, completing its game-streaming matrix3 mins read
The market size for short video hit RMB 5.74 billion in 2017 and is expected to grow to RMB 30 billion by 2020, according to iResearch. NewsDeals | Tencent Invests $98M in News Video App to Compete with Toutiao’s Video App Matrix2 mins read
TikTok has been growing in popularity since its inception in 2016. NewsTencent bets on its revived Weishi app to take on TikTok in short-video streaming3 mins read
In less than a month, Dongci has raised two funding rounds. NewsDeals | Music-oriented Short Video-Sharing App Dongci Secures Tens of Millions of Yuan in Pre-A Round3 mins read
AcFun’s rival Bilibili priced its IPO at $11.50 per share to raise in total $483 million through a Nasdaq-listing. NewsToutiao Comes to Rescue as Anime-streaming Site AcFun Fails to Secure Alibaba Investment3 mins read
For Bixin-like apps, monetizing the customer base still remains at the center of their agenda. NewsDeals | Gamer Dating App Bixin Raises Series A of Tens of Millions of US Dollars from IDG Capital at a Valuation of Over $100 Million3 mins read
Tik Tok is a product about “loveliness”. InsightsHow Does Tik Tok Outperform Tencent’s Super App WeChat and Become One of China’s Most Popular Apps? (Part 2)5 mins read
