TikTok Unveils $200 Million Fund to Help U.S.-Based Users Make Money Amid Ban Threat

 /  Money  / 
TikTok has announced the launch of a $200 million fund to encourage U.S.-based “influencers” to create more content, even as the Trump administration threatens a ban. Read More

Youku Taps Into Designer Toys Trend With New Streaming Show

 /  News  / 
China's answer to YouTube has taken the country's collectible toy trend to the next level, launching a live-streamed variety show where celebrities hype and sell them. Read More

Can Douyin, China’s Version of TikTok, Help China’s LGBT Community?

 /  Chinasplaining  / 
The Beijing LGBT Center recently opened an account on Douyin, the domestic version of TikTok, attracting over 2,400 followers and featuring short videos that address misconceptions about the LGBTQ+ community. Read More

Sequoia China Leads Nearly $100m Round in Storytelling App Kuaidian

 /  Money  / 
Kuaidian, a Chinese storytelling mobile app that offers an immersive experience through dialogue-based, text-message reading format, has closed nearly $100 million in a Series C round of financing led by Sequoia Capital China. Read More

Tencent’s PUBG Mobile Game Hits $3 Billion Milestone

 /  Game  / 
Chinese gaming giant Tencent has hit a new milestone with its hugely popular battle royale title “PlayerUnknown’s Battlegrounds” (PUBG Mobile) doubling its lifetime revenue to more than $3 billion in just over seven months. Read More

Embattled Leshi Forced to Sell Smart TV, Livestreaming Trademarks

 /  Legal  / 
Leshi Internet Information and Technology Corp. was forced to sell key trademarks including “Super TV”, the name of the company’s flagship smart television, on Monday. Read More

Kuaishou to Build Livestreaming E-Commerce Base in Chengdu

 /  News  / 
TikTok rival Kuaishou on Wednesday said that it will invest 3 billion yuan ($424 million) to build a livestreaming e-commerce base in the western Chinese city of Chengdu, the latest sign that the video-sharing platform is increasing its bet on a sector that has taken off during the Covid-19 pandemic. Read More

China Limits Indoor Entertainment Like Karaoke as Second Wave of Covid-19 Strikes

 /  News  / 
On Monday, the Ministry of Culture and Tourism modified guidelines for reopening China’s entertainment venues including theaters, nightclubs, cybercafes and karaoke lounges. Read More

Apple to Take Down Thousands of Games Without Government License from Chinese App Store

 /  Game  / 
Apple will reportedly start kicking unlicensed mobile games off its Chinese App Store next month, a move that will end the practice of allowing developers to sell games on the platform while they were awaiting government approval. Read More

Weibo Reopens Trending Topics List But Some People Ask: Are We Better Off Without It?

 /  News  / 
Sina Weibo, China’s biggest social media site, reopened its trending topics list on Wednesday afternoon. The Cyberspace Administration of China had ordered Weibo to freeze the list for a week as punishment for Weibo “disturbing online order” and “posting illegal information in violation of regulations.” Read More

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