Entertainment

Xiaoxiang Huyu is Tencent’s first move in game MCN (Multi-Channel Network) and its third investee in game-streaming after Douyu and Huya.

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.

TikTok has been growing in popularity since its inception in 2016.

In less than a month, Dongci has raised two funding rounds.

AcFun’s rival Bilibili priced its IPO at $11.50 per share to raise in total $483 million through a Nasdaq-listing.

For Bixin-like apps, monetizing the customer base still remains at the center of their agenda.

Tik Tok is a product about “loveliness”.

Inke’s local rival Huya and Douyu are all eyeing to list this year.