Livestreaming Gamer Takes Playbook to Wall Street

 /  News  / 
Huya Inc. plans to raise up to $200 million in a New York initial public offering (IPO) in what could become the first such U.S. listing from China’s young but fast-growing group of live-broadcasting specialists. 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

Alibaba Props up Its Gaming Unit by Acquiring Rights to Travel Frog

 /  Game  / 
Alibaba is serious about challenging Tencent and NetEase in the gaming arena and Travel Frog is another step in that direction. Read More

Headlines from China: ‘The Three Body Problem’ is Better Off with Amazon? 

 /  Headlines From China  / 
After the Financial Times reported that Amazon might develop and produce three seasons of episodes based on Chinese sci-fi novel The Three Body Problem, Chinese netizens and sci-fi fans have been expressing their joy over such possibility. Read More

Headlines From China: Tencent To Become Second Largest Shareholder Of New Classics Media

 /  Headlines From China  / 
Enlight Media has entered into an equity transfer agreement with an industry fund under Tencent that it will sell 27.64% stake in film and TV production company New Classics Media (新丽传媒)for approximately $524 million. Upon completion, Tencent will become the second largest shareholder of New Classics Media. Read More

Streaming Platform Douyu to Get RMB 4 Billion from Tencent

 /  Game  / 
Tencent has been backing the platform since March 2016 when it led a $100 million B financing round along with Sequoia and Nanshan Capital. It also participated in Douyu’s RMB 1.5 billion worth C financing round in August the same year. Read More

Mobile Games, Online Videos, and Movies are National Pastimes during Chinese New Year

 /  News  / 
For Chinese people, Spring Festival is all about seeing family and celebrating the new year, but it’s also the optimal time for using screens. Read More

Tencent Report 2018: A Short Introduction to Asia’s Most Important and Least Understood Company

 /  Technology  / 
This short report aims to layout the basics of Tencent’s structure and some detail on their higher management and financials. Read More

Headlines from China: Six Facts About China’s Small-Town Moviegoers

 /  Headlines From China  / 
100 youngsters from small-town China have been interviewed about their favorite movies and moviegoing habits, and here are the findings. Read More

Can China’s R&D Boom Bolster the Quality of Visual Entertainment?

 /  Opinion  / 
The narrative around China’s visual entertainment industries tends to focus on quantity. The quality of Chinese content is rarely talked about with the same enthusiasm, not least in terms of graphics, effects, and animation. Read More