China streaming |

Four Culture and Globalization Lessons from LeEco’s Successes and Failures

May 16, 2017 / News /

In some of those areas, LeEco has made incomplete progress. In others, we failed entirely. What follows is my understanding of why we were not able to achieve our goals in this area as well as key takeaways that other Chinese companies can use in their globalization process. Read More

China’s Mobile Video Sector Will Soon Pass 1 Billion Monthly Active Users

May 2, 2017 / News /

Adding together online video content, live streaming, and short videos, the category grew 35.6% year on year in March to almost 920 million MAU. There was an increase of over 12 million users just from February to March, more than the entire population of Belgium. Read More

Wanda Cinema Line to Go Head to Head with Alibaba, Baidu, Tencent in Online Video

May 1, 2017 / News /

China’s already crowded online video streaming market looks set to have a new challenger with Wanda Cinema Line, the theatrical exhibition arm of Chinese property development giant Dalian Wanda, set to launch its own video streaming website this year. Read More

China Difficulties, Netflix, and Why We Love Licensing

Apr 27, 2017 / Legal /

Netflix for years was trying to set itself up in China, so as to be available to viewers in China, just as it is available in “over 190 countries.” Read More

iQiyi Confirms Netflix Deal, ‘Hopes’ for Top Shows

Apr 26, 2017 / News /

iQIYI confirmed that the two companies had formally agreed to content licensing cooperation covering dramas, animation, documentaries, reality TV shows and other types of content, in a statement. Read More

LeEco Seeks to Sell Property Assets as Cash Crunch Continues

Apr 21, 2017 / Money /

LeEco is seeking to sell a prime piece of real estate in Beijing's Sanlitun entertainment district, the Shimao Gongsan, that it bought in 2016 for US$420 million, according to Reuters. Read More

Apple in Beijing’s Sights Over Live Streaming

Apr 21, 2017 / Legal /

Live-streaming apps have come under greater scrutiny from regulators, in part due to the spread of sexually suggestive or explicit performances carried by them, but also for the potential of some to showcase instances of civil unrest. Read More

LeEco Cash Crunch Eases With Share Transfer

Apr 1, 2017 / Money /

With the completion the share transfer formalities, LeEco has sold 171 million shares, or 8.56 percent of the arm’s total equity, for RMB 6.04 billion. Read More

China’s Live Streaming Sector Booms, but Looming Challenges

Mar 29, 2017 / News /

More than 200 live streaming platforms and apps are actively involved in the live streaming sector, which CreditSuisse estimated to have topped RMB 25 billion in 2016, attracting 325 million users. Read More

The Tax Man Cometh for China’s Wealthy Net Celebs

Mar 15, 2017 / Legal /

The tax bureau of Beijing’s Chaoyang District has urged one unidentified live-streaming platform to pay back taxes of RMB 60 million (US$8.7 million), Beijing Youth Daily reported Monday. Read More