YY Spends Big to Grow Overseas User Base in Q1

 /  News  / 
Livestreaming social media company YY recorded substantial increases in net revenues and active users but almost doubled operating expenses in the first quarter. Read More

Headlines from China: Industry Professionals Call for Refinement of Film Law

 /  Headlines From China  / 
This year’s May Day holiday season ended with two controversies making the headlines. Both cases indicate the chaotic state of film distribution in China and lead many industry professionals to call for refinement of the country's Film Law. 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

Live Streaming is China’s Killer Social Network

 /  News  / 
Live streaming hype was so intense in 2016 that the government quickly stepped in to ensure that platforms are compliant with relevant regulations. Read More