Panda TV Gets 1 Billion RMB Series B Funding Round

 /  Money  / 
Panda TV (熊猫直播), a Shanghai-based game streaming website, has raised RMB 1 billion in series B funding (in Chinese) led by Industrial Innovation Capital Management (兴业证券兴证资本), causing a stir in the sector. Read More

China Officials Aim to Stem the Tide of ‘Immoral’ Live Streaming

 /  News  / 
In a recent nationwide inspection of 50 major live-streaming platforms, 48 were penalized and 10 were shut down completely, affecting more than 30,000 hosts and performers, according to an announcement today from the Ministry of Culture (MOC), the bureau tasked with policing streamed content. Read More

VP of TV Unit Takes over as CEO of Leshi, YT Jia to Remain Chairman

 /  News  / 
Jia Yueting, the legendary Chinese corporate leader, will step down as CEO of Leshi Internet Information & Technology Corp Beijing. Read More

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

 /  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

 /  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

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

The Time for Paid Content in China is Now: Douban Time Goes Live

 /  News  / 
Douban is the latest player in the emerging paid content market in China, which WeChat looks to be joining soon as well. Read More

China Live Streaming: Five Home Truths for Luxury Brands

 /  News  / 
In a world where brevity is the norm when it comes to getting the message across, live streaming is one of the few formats where long content is still very welcome. Read More

Chinese Tech Giants Team up to Open a VR Film Contest to End VR Winter

 /  Technology  / 
Has winter come to virtual reality in China? Among the 11 virtual reality companies listed on China’s NEEQ , only two companies recorded a profit. Read More