NewsBaidu is reportedly incubating a music app to defend itself against ByteDanceByteDance already made an advance into Baidu’s core business, search. 1 min read
Douyin is partnering with 6 major film studios to collaborate on content NewsByteDance’s Douyin teams up with big name film production companies1 min read
This could be the first step toward a tighter partnership between the two video game companies. NewsTencent to bring Nintendo Switch consoles to Chinese gamers2 mins read
NetEase ranks seventh among the top earners. NewsTencent emerges as top dog in global gaming market1 min read
The growth, however, is seeing a significant slowdown. NewsChina’s mobile gaming market to reach USD 30 billion annual revenue by 20201 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
NewsDeals in brief: Stupa scores INR 280 million in funding, Chainstack secures strategic investment, six China deals, and more