Video Site YY Streams Into Southeast Asia With Bigo Deal

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YY Inc., one of China’s biggest livestreaming platforms, announced a further $272 million investment in its Singaporean cousin, Bigo Inc., which enjoys an established presence in Southeast Asia and a foothold in South Asia and the Middle East. Read More

Video Sharing App Kuaishou Rumored to Raise New Funding with Valuation at $15 billion

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China’s leading short social video and photo sharing app Kuaishou is rumored to launch a new round of funding with the estimated valuation at $15 billion, according to the self-media “Kaiqi.” Read More

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

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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