Embattled Leshi Forced to Sell Smart TV, Livestreaming Trademarks

 /  Legal  / 
Leshi Internet Information and Technology Corp. was forced to sell key trademarks including “Super TV”, the name of the company’s flagship smart television, on Monday. Read More

Kuaishou to Build Livestreaming E-Commerce Base in Chengdu

 /  News  / 
TikTok rival Kuaishou on Wednesday said that it will invest 3 billion yuan ($424 million) to build a livestreaming e-commerce base in the western Chinese city of Chengdu, the latest sign that the video-sharing platform is increasing its bet on a sector that has taken off during the Covid-19 pandemic. Read More

China Limits Indoor Entertainment Like Karaoke as Second Wave of Covid-19 Strikes

 /  News  / 
On Monday, the Ministry of Culture and Tourism modified guidelines for reopening China’s entertainment venues including theaters, nightclubs, cybercafes and karaoke lounges. Read More

Apple to Take Down Thousands of Games Without Government License from Chinese App Store

 /  Game  / 
Apple will reportedly start kicking unlicensed mobile games off its Chinese App Store next month, a move that will end the practice of allowing developers to sell games on the platform while they were awaiting government approval. Read More

Weibo Reopens Trending Topics List But Some People Ask: Are We Better Off Without It?

 /  News  / 
Sina Weibo, China’s biggest social media site, reopened its trending topics list on Wednesday afternoon. The Cyberspace Administration of China had ordered Weibo to freeze the list for a week as punishment for Weibo “disturbing online order” and “posting illegal information in violation of regulations.” Read More

Shares of Baidu-Backed iQiyi Jump After Reuters Reports Tencent Seeking Majority Stake

 /  News  / 
Nasdaq-listed shares of Chinese video streaming service iQiyi closed up 25.9% on Tuesday after a Reuters report revealed that Tencent is looking to buy a stake in the company in which its rival Baidu is currently the majority shareholder. Read More

ByteDance to Close Smaller Short Video App in India, Focus on TikTok

 /  News  / 
Chinese tech unicorn ByteDance has announced it will shut down its lesser-known video sharing app Vigo Video in India by Oct. 31, as its flagship TikTok app gains traction in the South Asian country. Read More

Mango TV Shines on Unconventional Reality Show

 /  Celebrity  / 
Mango TV, the online video platform affiliated with Hunan Broadcasting System, launched the reality talent show whose Chinese name translates to “Sisters Who Brave Winds and Waves.” The first episode has received 400 million views so far and sparked a rally for shares of Mango Excellent Media Co. Ltd., operator of Mango TV. Read More

Chinese Video Giant iQiyi Hires Former Netflix Executive for Global Expansion

 /  News  / 
The Nasdaq-listed Chinese video streaming giant has poached Kuek Yu-Chuang from its U.S. rival Netflix, hiring him as vice president of international business to oversee its strategic planning, marketing, business development and public affairs functions for its overseas businesses. Read More

TikTok Rival Kuaishou Builds $1.4bn Data Center In China

 /  News  / 
Chinese video sharing app Kuaishou will spend about 10 billion yuan ($1.41 billion) to build its largest data center, as the company looks to support a user base poised for continued growth in a post-coronavirus market. Read More

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