NewsByteDance expects to raise USD 2 billion in new round led by Sequoia and KKRThe fresh investment would value ByteDance at USD 180 billion. 1 min read
Disney+ entered India in early April through Hotstar and garnered about 18.5 million paying user by September-end. NewsDisney+ Hotstar accounts for 30% of Disney+ subscribers globally2 mins read
Bigo is not for sale, an insider tells 36Kr. NewsA Bigo VP has left over short-video app Likee’s sluggish monetization growth: Report2 mins read
Douyin Huoshan and Douyin have more than 600 million daily active users. NewsFormer Didi executive joins ByteDance’s Douyin Huoshan2 mins read
VSPN’s lofty ambitions are riding on the popularity of e-sports among young people worldwide. InsightsThis Tencent-backed firm wants to dominate global e-sports events: Inside China’s Startups4 mins read
Some of the apps being blocked in the latest blacklist have been growing well in India, the second-most-populous country in the world and one of the fastest-growing internet markets. NewsIndia bans another 43 Chinese apps citing cybersecurity concerns3 mins read
Kuaishou users bought goods worth USD 16.56 billion between January and June while watching short videos or livestreams. NewsKuaishou acquires payment license amid booming e-commerce and livestreaming2 mins read
Platforms need to assign content moderators for every 50 online livestreaming channels. NewsChina blocks teens, unverified users from spending on livestreaming apps2 mins read
Baidu’s purchase of YY Live is unlikely to go ahead, says Kaiyuan’s Brock Silvers. NewsShort seller Muddy Waters attacks entertainment firm JOYY, calls it ‘near-total fraud’3 mins read
