Since August 21, stock price of Leshi, which belongs to the troubled LeEco, has been doubled from 2.08 yuan per share to 4.15 yuan. Many industry insiders believe that the soaring Leshi stock was likely boosted by the funding raised by Leshi's new media unit from Tencent and JD.com. Read More
Leading video platform iQiyi and e-commerce site JD.com officially formed a strategic partnership, which will allow one platform's paying subscribers to enjoy the other platform's membership benefits. Read More
Although Bilibili is a leading video site in China, most people in the west are unfamiliar with this brand. By securing cornerstone investments, Bilibili hopes to increase American investors' confidence in the company. Read More
Acclaimed French director Luc Besson recently attended the preview screening of ‘Valerian and the City of a Thousand Planets’ in Beijing to support the film's theatrical opening in China on August 25. Read More
Headlines from China: Is This Real Estate Company Trying to Replace Wanda in the Entertainment Industry?
Will Evergrande Group, a real estate company with big ambitions to conquer the entertainment market, replace Wanda one day? Read More
Hong Kong director John Woo's highly anticipated 'Manhunt' will have its world premiere at the upcoming Venice Film Festival. Read More
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