NewsCHINA BRIEF | ByteDance’s market capitalization hits between USD 100 billion and USD 140 billionThe firm’s value has risen more than a third within two years. 1 min read
The disposal of ByteDance’s stock will represent a gain of investment of around USD 66 million. NewsCHINA BRIEF | Cheetah Mobile’s stocks soar 47% after announcing special cash dividend and disposal of equity ownership in ByteDance2 mins read
The COVID-19 lockdown increased membership revenue but stunted advertising revenue for iQiyi. NewsiQiyi’s advertising revenue slumps despite surge in subscribers during COVID-19 pandemic2 mins read
Bilibili widened its net loss to RMB 538.6 (USD 76.1 million), up 175% versus last year’s level, amid increasing revenues. NewsBilibili hits 13.4 million paying users, driving revenues up 69% YoY in Q12 mins read
The 58-year-old businessman will also serve as chief operating officer of ByteDance. NewsCHINA BRIEF | ByteDance hires ex-Disney executive as new TikTok CEO1 min read
Tencent Games rolled out an in-house “health system” in 2017 to stem youth gaming addiction. These new rules take that further. NewsTencent Games cuts screen time for minors again following government guidelines3 mins read
Bytedance is a latecomer in the IoV sector filled with players including Alibaba, Tencent, and Baidu. NewsByteDance steers into automobile sector with plans to integrate Douyin and Toutiao into cars2 mins read
The streaming service envisions a revenue-sharing model with local content creators and production houses to boost the Indonesian movie industry. Q&AGojek’s GoPlay on how to create a sustainable business and promote Indonesian movies: Q&A with GoPlay CEO Edy Sulistyo5 mins read
In Singapore’s event industry, approximately SGD 30.2 million has been lost, with more than 2,000 people affected and over 8,700 jobs lost. InsightsThe show must go on: How these Singapore events firms are tapping on tech to survive COVID-194 mins read
