TikTok Faces New Round of Scrutiny in India with IT Ministry’s Query

 /  News  / 
India’s Ministry of Electronics and IT has requested short video app TikTok respond to a query containing 24 questions about content quality, data privacy, and age restrictions. Read More

Live-streaming Platform Inke Acquires Social App Jimu for $85 Million

 /  News  / 
Live-streaming platform Inke announced on Sunday that it acquired interest-based social app Jimu for $85 million. Read More

Douyu Moves Listing from NYSE to Nasdaq

 /  News  / 
Game live-streaming platform Douyu has switched its IPO to the Nasdaq Global Select Market from the New York Stock Exchange, according to the company’s SEC filing on Monday. Read More

Tencent Wins Bigger Share of Game Revenue from Android App Stores

 /  Game  / 
Gaming giant Tencent has successfully negotiated a more favorable revenue split with a number of Chinese Android stores for its mobile titles, media outlet GameLook reported. Read More

Douyu doubles revenue and swings into profit in Q1

 /  News  / 
Game live-streaming platform Douyu recorded surging revenue, net profit, and strong growth in paying users in the first quarter of 2019, according to updates the company made to its US Securities and Exchange Commission (SEC) filing. Read More

YY Raises $1 Billion in Convertible Note Offering as It Eyes Global Expansion

 /  News  / 
Chinese live-streaming social media company YY on Monday announced that it has raised a total of $1 billion in a convertible senior notes offering, according to an announcement, as it seeks to fund expansion into overseas markets. Read More

US to overtake China as the world’s largest gaming market: report

 /  Game  / 
China will reclaim its position as the largest gaming market by revenue in 2020. Read More

Shanghai Wants to be the World’s ‘e-sports Capital’

 /  Game  / 
The city will encourage businesses to invest in three to four e-sports stadiums capable of hosting tournaments of the highest level. Read More

User spending in Douyin and TikTok hit new high in May

 /  News  / 
The 120 million Indian TikTok users, however, only spent $45,000 on the app in May. Read More

Bytedance Says Court Overstepped on ‘Honour of Kings’ Content Ban

 /  Legal  / 
This is the ninth ban in seven months that Tencent has requested against Bytedance that seeks to remove content related to Tencent’s games from Bytedance apps, with six of the nine lawsuits filed in May alone. Read More

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