NewsTencent-backed Twitch-like Douyu reportedly files for $700m HK IPODouyu rival Huya listed on New York Stock Exchange in May. 2 mins read
Both Jack Ma’s Yunfeng Fund and Toutiao were said to be mulling over investing in AcFun. NewsTencent-backed Kuaishou acquires AcFun amid escalating competition with Douyin2 mins read
China’s iQiyi, backed by Chinese search and AI company Baidu, is one of the largest online streaming services in its home market. NewsChina’s iQiyi in talks to invest in Iflix the SEA streaming service3 mins read
Tencent excellent quarterly results came just in time to bolster investors’ confidence. InsightsChina’s Tencent spectacular first quarter results allay growing investors’ fears4 mins read
Alibaba Picture’s race to dominate the movie ticketing space InsightsAlibaba Pictures burning cash to build up China’s largest movie ticketing platform2 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
