Baidu’s iQiyi said to have filed for $1 billion US IPO

 /  Money  / 
China’s popular video streaming service, iQiyi, has filed confidentially for US IPO according to IFR. Sources familiar with the plans said the company is looking to raise $1 billion by the end of Q1 or early Q2 of 2018. Read More

Teen Stars and Red Films: What China Baidu-Searched in 2017

 /  News  / 
Here are some of the top searches from Baidu, providing insight into what had Chinese netizens in stitches, gnashing their teeth, or reaching for tissues over the past year. Read More

Headlines from China: A Look At The Most Anticipated Chinese New Year Films

 /  Headlines From China  / 
Big-budget local films, mostly sequels, are going to dominate the Chinese New Year box office in 2018, including Monster Hunt 2 , Detective Chinatown 2 , The Monkey King 3 , and Operation Red Sea. Read More

iQIYI Nabs Exclusive China Rights to Acclaimed Films of 2017

 /  News  / 
Baidu-owned iQIYI, widely regarded as a Netflix of China, has announced that it secured exclusive online broadcasting rights in China for six films nominated by this year’s Golden Globe Awards. Read More

Headlines from China: More Money to be Burned by Chinese Video Platforms in 2018?

 /  Headlines From China  / 
As the online streaming sector has been seeing continual growth in advertising revenue and number of paid users, the leading platforms backed by giant tech companies, such as Baidu, Alibaba, and Tencent, seem to be willing to burn more money in 2018 to conquer the market. Read More

Tencent’s China Literature $1.1 Billion IPO Speaks Volumes About Value of IP in China

 /  Money  / 
In China, a whole new industry chain surrounding online literature IPs is taking form and now involves music, games, TV dramas, and movie production. Tencent, Alibaba, and Baidu have all entered the battle to compete for the best IPs. Read More

Headlines from China: Vampire Movie Returns to Big Screen in China after 5 Years

 /  Headlines From China  / 
The theatrical release of French-Chinese co-production 'Midnight Dreamers' marks the return of vampire movies to Chinese theaters after the China release of 'Twilight' five years ago. Read More

Chinese Video Giants Are Becoming Production Powerhouses

 /  News  / 
Chinese video websites have rolled up their sleeves to make original content—from mainstream sitcoms and reality shows to the more niched genres of anime and documentaries.  Read More

As Baidu Retreats, Alibaba and Tencent Battle for Online Ticketing Dominance

 /  News  / 
Following online travel services and food delivery, online movie ticket booking has become the latest corner of the O2O (online to offline) market to see consolidation after years of cutthroat price wars. Read More

TCB in RMB: Yang Mi’s Studio Jiangxing Media Raises $37 million

 /  Money  / 
Jiangxing Media, partially owned by Chinese actress Yang Mi, announced it has secured RMB 250 million ($36.8 million) worth of new shares from Zhejiang-based Perfect World Investment & Holding Group on the New Third Board, China’s stock market for start-ups. Read More