NewsKuaishou shares dive after first annual reportLivestreaming revenue dropped in the fourth quarter. 2 mins read
If completed, a merger between Douyu and Huya would result in a gaming entertainment giant with more than 300 million users and a combined market value of USD 10 billion. NewsChina’s top game-streaming platforms await regulatory approval on Tencent-backed merger2 mins read
Moonton is the perfect partner to help us expand internationally, Nuverse says. NewsByteDance buys game developer Moonton to take on Tencent1 min read
TME’s CEO Cussion Pang said the firm experienced double-digit user growth for its IoT products. NewsTencent Music reports strong profits as users decline2 mins read
The e-commerce giant is strengthening its local on-demand delivery amid heated competition in China’s online grocery shopping sector. NewsKEY STAT | JD.com increases stake in logistics affiliate Dada2 mins read
Cooling investor excitement toward China tech stocks also hits Bilibili. NewsBaidu fails to make splash with Hong Kong debut4 mins read
Suning will be able to sell assets through REITs, initial public offerings, and equity transfers. NewsSuning teams up with GLP to cash in on its logistics assets2 mins read
Chinese consumers’ demand for healthier lifestyles has been increasing since the COVID-19 pandemic. InsightsLemonBox is personalizing nutrition for Chinese millennials | Inside China’s Startups4 mins read
Those who fail to obey may face business suspension or withdrawal of their licenses. NewsChina bans microlenders from granting consumer loans to university students3 mins read