Tencent’s PUBG Still Highest Earning Game Despite Indian Ban

 /  Game  / 
Last month, PUBG Mobile and its Chinese mainland version “Game For Peace” generated more than $221 million in revenue, representing a year-on-year increase of 25.5%, according to statistics provided by research firm SensorTower. Read More

Video Streamer iQiyi Kicks Up Its Sports Game with FC Barcelona Tie-Up

 /  Sports  / 
iQiyi Sports, a joint venture between Baidu-backed iQiyi and Super Sports Media, is teaming up with FC Barcelona to create a dedicated channel in China for the top-tier Spanish football club in the 2020/2021 season, the company said on Tuesday. Read More

TikTok Retains Pole Position as World’s Highest-Earning Non-Game App Despite U.S. Threats

 /  News  / 
Despite losing the Indian market and President Donald Trump’s threat to ban it in the U.S., ByteDance-owned TikTok was still the world’s highest-earning non-game app in August, although the app’s August earnings were less than those of the previous three months. Read More

Chinese ‘Mixed Reality’ Specs Maker Nreal Bags $40m Combining VR With Real Life

 /  News  / 
Chinese “mixed reality” startup Nreal has bagged $40 million in its series B1 funding round to bankroll its research and development of mixed reality glasses. Read More

Chinese Short Video Platform Kuaishou Increases Livestreaming E-Commerce Investment with Massive Incubation Plan

 /  News  / 
TikTok rival Kuaishou is upping the ante in plans to boost its booming e-commerce business, as a growing number of people cash in on livestreaming to sell products on the Chinese short video platform. Read More

Top Japanese Lawmaker Suggests TikTok Sells Local Business to Address Security Concerns

 /  Legal  / 
Japan is tightening the screws on the embattled TikTok, with a top lawmaker suggesting that changing the ownership of the ByteDance-owned short video app’s Japan business could help address mounting data security concerns. Read More

Baidu-Backed Video Streamer iQiyi Probed by U.S. Regulator After Short Seller’s Report

 /  News  / 
Baidu-backed video streaming service iQiyi disclosed that the U.S. securities regulator has requested financial records related to issues raised in an April report from short seller Wolfpack Research. Read More

JOYY’s Livestreaming Revenue Up 40% in Second Quarter of 2020

 /  News  / 
Chinese video-based social media company JOYY raked in 5.6 billion yuan ($793.7 million) in livestreaming revenue in the second quarter of 2020, up 40.1% from the same period in 2019, as the Covid-19 pandemic led to a surge in demand for online entertainment. Read More

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