Live Streaming

Huya’s parent company and largest shareholder booked an 83.1% net income slump due to the firm’s overseas expansion effort.

The firm reached 35.4 million online music paying users, 4.4 million more than last quarter.

The company expects with the acquisition to reach an annual group revenue of over USD 1 billion.

Game-streaming firm Huya has turned profitable this year and aims to win over the hearts of Gen Z.

In China, live streaming has become a key promotional method for consumer-facing vendors.

After snagging USD 434 million from investors, Zhihu has been trying to raise its profitability.

Live streaming is in search of its place after the initial hype has cooled off.

With over 500 million monthly active users in 154 countries, TikTok is rethinking its future.