Short Video Platforms Douyin, Kuaishou Accused of Showing Counterfeit Products

 /  News  / 
Chinese short video platform such as Douyin and Kuaishou are being criticized for featuring video hosts who make and distribute counterfeit products on their videos. Read More

Mobile Games, Online Videos, and Movies are National Pastimes during Chinese New Year

 /  News  / 
For Chinese people, Spring Festival is all about seeing family and celebrating the new year, but it’s also the optimal time for using screens. Read More

iQiyi Reveals User Numbers and Net Loss Since Inception in IPO Filing

 /  Money  / 
iQiyi (爱奇艺), the Chinese entertainment company famous for its video streaming service filed for an initial public offering in the US. In the filing, iQiyi stated that “We have had a net loss since its inception and may continue to suffer losses in the future.” Read More

Youku Signs Licensing Deals with NBCUniversal and Sony Pictures Television

 /  News  / 
As a result of the deals, subscribers to the Youku service will be able to watch hundreds of films from NBCUniversal and Sony Pictures Television’s respective libraries for no additional fee. Read More

VR Winter is Over, AR Has Just Started

 /  News  / 
Both Kevin Leung, the director at HTC VICE X, and Atli Mar Sveinsson, co-founder and CEO of Directive Games, concluded that there needs to “killer apps” to open up the AR and VR markets. Here are the highlights from their discussion at TechCrunch Shanghai 2017. Read More

VR Arcades in Shanghai: A Red Ocean Looking for Innovation

 /  Technology  / 
The most technology-driven spectacle in China is not the Oriental tower, it’s the booming VR arcades in Shanghai. Shanghai is home for more than 100 VR arcades. If you want to have fun in Shanghai, going to a VR arcade is a must. Read More

Court to Freeze Assets of LeEco Founder Jia Yueting

 /  News  / 
A Beijing court has approved the application of China Construction Bank to freeze the assets of LeTV Holdings and LeEco founder Jia Yueting. Read More

Chinese State Media Criticizes Tencent’s ‘Honour of Kings’ Game—Again

 /  News  / 
This is the second bout of criticism for the game's producer, Li Min, from the People’s Daily; last week's criticism caused Tencent’s share price to plunge. Read More

This VR Company Films for CCTV, and Provides Technology for Low-End VR Cameras

 /  News  / 
CFI’s take: Despite slow uptake in North America, virtual reality is gaining traction in China, to the point where even its biggest broadcaster is producing content for the new format. China’s virtual reality (VR) market is expected to expand more than four-fold in 2017 as more major players enter the industry, according to IDC’s forecasts released Read More

In a Red Ocean of VR Arcades, This Company is Pivoting to B2B

 /  News  / 
VR arcades are hot in China, so hot that they might even burn up before they take off. Read More

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