NewsUS-Listed YY Spins off Game Streaming Unit Huya for IPO to Fuel ExpansionGoogle, Tencent, Amazon have all bet on the booming game streaming space. 2 mins read
Rises and falls of on-live platforms, as well as the fan economy behind Chinese vloggers. InsightsSurviving on Regulatory Shocks: Vloggers Seeking New Ways to Maintain Profits4 mins read
IQiyi plans to raise USD 1.5 billion at a valuation of USD 10 Billion. NewsBaidu’s Netflix-Like Video Unit IQiyi Filed for U.S. IPO3 mins read
According to the source, Tencent, together with Indian media and technology company Times Internet Ltd. that founded the business, will invest a total of US$115m into the streaming service. NewsDeals | Following Xiaomi’s Hungama Deal, Tencent Led $115M Round in India Gaana2 mins read
China’s two biggest tech giants Alibaba and Tencent are all in business with Wanda. NewsDeals | Wanda Sells Film Unit to Alibaba, Right after Its Tencent Deal2 mins read
HQ has only been out for 3 months, and it’s already beating Zuckerberg’s inaugural Facebook Live for concurrent viewer numbers. InsightsCheckItOut! | All the WHYs/HOWs Behind HQ Trivia’s Success1 min read
The funding will help the startup explore opportunities in e-commerce. NewsDeals | Leveraging WeChat Mini Program, MeowCard Secures Investment from Vertex Ventures and Matrix Partners1 min read
Plus, Singapore’s homegrown mobile payment app SpherePay has raised over US$10 million. Ola expands to Australia. NewsKrAsia Daily: Xiaomi Throws Itself into China’s Fad of Live Trivia Games5 mins read
Xiaomi’s live streaming app was grappling with how to attract users. Will live trivia game be a remedy? NewsXiaomi Adds Fuel to China’s Live Trivia Game Frenzy with Its Own Short Video Streaming App Youle2 mins read
NewsDeals in brief: SoftBank to anchor OpenAI’s USD 40 billion raise, Hoopi secures funding for collectibles push, ShopUp and Sary confirm merger, and more