NewsKEY STAT | Kuaishou prepares for the biggest IPO since UberThe app saw a drop in daily and monthly active users in the second half of 2020. 1 min read
AnyMind says it has now access to close to 200,000 influencers. NewsAdtech firm AnyMind expands direct-to-consumer business with another acquisition2 mins read
Disney+ Hotstar was launched in September 2020 after the Walt Disney Company acquired Star India’s parent company 21st Century Fox. NewsDisney+ Hotstar pulls in 2.5 million subscribers in Indonesia, surpassing Netflix2 mins read
“Currently, 25% of Gostream’s revenue comes from markets outside of Vietnam, including India, Cambodia, Thailand, and Indonesia,” said the co-founder. NewsVinaCapital backs livestreaming firm Gostream to supercharge Southeast Asia’s live-commerce market2 mins read
Chinese entertainment firms are betting on the booming trend, but will virtual shows remain a thing after the pandemic? InsightsVirtual concerts to break through to the mainstream, or just a passing fad?6 mins read
Several high-profile ByteDance products flopped or failed to gain steam. NewsByteDance to shut down Q&A app Wukong Wenda2 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
