China’s Gaming Market Expected to Rebound by 2020

 /  Game  / 
Despite a lull in new game titles being approved, revenue in China’s gaming sector should recover by late 2019 and rebound by 2020, but gaming companies will continue to feel pressure on their profit margins, according to a report by market research firm Niko Partners. Read More

‘The Story of Yanxi Palace’ Drives iQiyi Revenue as Profits Remain Elusive

 /  News  / 
Chinese period drama 'The Story of Yanxi Palace' garnered over 20 billion views between July and September, driving third-quarter user growth and revenue for iQiyi. Still, China’s leading video platform remains mired in red ink. Read More

iQiyi Launches Short Video app Targeting The Elderly

 /  News  / 
Baidu-owned video streaming platform iQiyi is taking the massively popular short video format and targetting a previously untapped segment of the market: the elderly. Read More

Tencent Music to File for US IPO Today

 /  Money  / 
Chinese streaming giant Tencent Music hopes to raise $2 billion at a valuation of up to $31 billion through its US-based IPO. The company has also formed a partnership with its international counterpart Spotify. Read More

Douyin to Outsource KOL Management to Multi-Channel Networks

 /  News  / 
Douyin will establish an official program for multi-channel networks (MCNs) to manage key opinion leaders (KOLs) on its platform, according to a report. Read More

Valve to Launch Steam in China

 /  Game  / 
Chinese game company Perfect World has partnered with Valve to launch a localized version of Steam. The partnership aims to provide Chinese gamers and developers with a new channel to access games and other entertainment products on Steam’s distribution platform. Read More

iQiyi to Include FilmNation Content in Its Lineup

 /  News  / 
On-demand video streaming platform iQiyi (爱奇艺) has inked an exclusive three-year deal with American independent film production company FilmNation, granting it exclusive rights to all of FilmNation’s content in mainland China. Read More

Nasdaq-Listed iQiyi Reports 57% Increase in Revenue

 /  News  / 
Chinese on-demand video streaming platform iQiyi (爱奇艺) has reported a 57% year-on-year increase in revenue in its first financial report since its IPO. Read More

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