NewsCHINA BRIEF | Revenues of Chinese mobile game providers hit record-high of USD 7 billion during Q1Consumers worldwide spent USD 16.7 billion on gaming apps in Q1. 1 min read
A look back at the major fundraising deals that have happened during the outbreak period from January 2020. InsightsAmid the COVID-19 outbreak, startups in robotics, logistics, and digitization among the ones to attract major investment 6 mins 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
Business unit Tencent Cloud is offering an ‘anti-Covid-19 service package’ to businesses, medical institutions, and governments worldwide. NewsTencent launches package of cloud services in global fight against coronavirus pandemic2 mins read
Short-video apps have never been so important for brands in the Chinese market. InsightsShort-video platforms jockey for pole position as entertainment and lifestyle brands transition online8 mins read
The two companies are among seven startups the giant has invested in via its Tencent Industry Win-Win Fund since March. NewsTencent bets big on AI development with investment in two startups2 mins 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
Short-video apps have garnered over 821 million monthly active users as of June 2019. VideosVideo | These are Chinese netizens’ favorite short-video apps in 20202 mins read
Sony joins Alibaba and Tencent as investors in Bilibili. NewsSony puts up USD 400 million for a 5% stake in Chinese Gen Z favorite Bilibili2 mins read