Tencent Music to File for US IPO Today

 /  Money  / 
Chinese streaming giant Tencent Music hopes to raise $2 billion at a valuation of up to $31 billion through its US-based IPO. The company has also formed a partnership with its international counterpart Spotify. Read More

Headlines from China: ‘Gossip Girl’ Getting Chinese Remake by iQiyi 

 /  Headlines From China  / 
Hit American teen drama series Gossip Girl is getting a remake in China by leading streaming site iQiyi and Sugarman Media. Read More

Tencent Music Reportedly Pins Its US IPO Date on October 18

 /  Technology  / 
Tencent Music is expected to submit an IPO filing to the United States Securities and Exchange Commission on September 7th and the final IPO date is slated for October 18th. Read More

Inke, One of China’s Biggest Live Streaming Platform Goes Public in Hong Kong

 /  News  / 
Chinese live streaming platform Inke formally launched its IPO and started trading on July 12th in Hong Kong. While many of 200+ smaller platforms died off after the market cooled down and regulations set in, Inke has become one of the most invested-in upstarts in the country. Read More

Chinese Game Live Streaming IPO Shows Speed of Development in the Industry

 /  News  / 
Game streaming in China, along with other sectors of live streaming, is a fast-growing industry. Research report shows that China is currently the world’s largest gaming market. In 2017, the country had 646 million gamers and its numbers are estimated to grow to 917 million in 2022. Read More

iQiyi to Include FilmNation Content in Its Lineup

 /  News  / 
On-demand video streaming platform iQiyi (爱奇艺) has inked an exclusive three-year deal with American independent film production company FilmNation, granting it exclusive rights to all of FilmNation’s content in mainland China. Read More

Nasdaq-Listed iQiyi Reports 57% Increase in Revenue

 /  News  / 
Chinese on-demand video streaming platform iQiyi (爱奇艺) has reported a 57% year-on-year increase in revenue in its first financial report since its IPO. Read More

Headlines from China: China Now Has about 10,000 Movie Theaters

 /  Headlines From China  / 
According to data released by China’s film bureau, the number of movie theaters in mainland China was 9,965 as of March, 2018. These 9,965 movie theaters offer 54,165 screens, pipping the United States, which had about 45,000 screens as of 2017. Read More

Headlines from China: Nasdaq Welcomes ‘China’s Netflix’ iQiyi Today

 /  Headlines From China  / 
Today, iQiyi (IQ) rang the Nasdaq stock market opening bell in celebration of its IPO. Founded in 2010 by Chinese internet giant Baidu, iQiyi is one of the largest video-streaming platforms in China. Read More

Headlines from China: China’s Video-Sharing Site Bilibili Officially Listed on Nasdaq

 /  Headlines From China  / 
Today, Nasdaq officially welcomes Bilibili (BILI), China's leading video-sharing platform for young generations, to trade in its stock market. Read More