NewsDeals | Wanda Sells Film Unit to Alibaba, Right after Its Tencent DealChina’s two biggest tech giants Alibaba and Tencent are all in business with Wanda. 2 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
Kuaishou is likely to be valued at USD 18 billion posts new financing round. NewsDeals | Tencent Reportedly Invests in Kuaishou, Betting on Booming Short Video Market2 mins read
The team behind the product is Tencent QQ. NewsTencent Rolls out Short Video Sharing App DOV to Glue Generation Z2 mins read
It appears to be expanding into SE Asia with a potential IPO plan said to be resurfacing. NewsDeals | Short Video/Livestreaming App Kuaishou Looking at USD 1BN Financing to Get Ahead of Competition2 mins read
Tencent founder Pony Ma thinks regulators need to intervene in the booming live trivia games, but why? InsightsKnowledge Earns You One Million, Live Trivia Game Is A Hit Now in China7 mins read
NewsDeals in brief: Applied Materials backs robotics firm Augmentus, Sedifly raises pre-seed funding, Grab invests in May Mobility, and more