Christopher Udemans |

Alibaba is Investing RMB 200 Billion in Cloud Services After Covid-19 Boom

Apr 22, 2020 / Headlines From China /

Alibaba Cloud, a subsidiary of Chinese e-commerce giant Alibaba, will spend RMB 200 billion ($28.27 billion) on its cloud infrastructure over the next three years following an increase in demand for digital services in the aftermath of the Covid-19 outbreak in China. Read More

NetEase to Limit the Amount of Time China’s Youth Spend Gaming

Jan 25, 2019 / Game /

Chinese giant NetEase Games has for the first time moved to limit the amount of time China’s youth spend playing its games, highlighting the increased scrutiny of the country’s gaming sector. Read More

China’s Gaming Market Expected to Rebound by 2020

Nov 16, 2018 / Game /

Despite a lull in new game titles being approved, revenue in China’s gaming sector should recover by late 2019 and rebound by 2020, but gaming companies will continue to feel pressure on their profit margins, according to a report by market research firm Niko Partners. Read More

‘The Story of Yanxi Palace’ Drives iQiyi Revenue as Profits Remain Elusive

Oct 31, 2018 / News /

Chinese period drama 'The Story of Yanxi Palace' garnered over 20 billion views between July and September, driving third-quarter user growth and revenue for iQiyi. Still, China’s leading video platform remains mired in red ink. Read More

iQiyi Launches Short Video app Targeting The Elderly

Sep 14, 2018 / News /

Baidu-owned video streaming platform iQiyi is taking the massively popular short video format and targetting a previously untapped segment of the market: the elderly. Read More

Tencent Music to File for US IPO Today

Sep 7, 2018 / Money /

Chinese streaming giant Tencent Music hopes to raise $2 billion at a valuation of up to $31 billion through its US-based IPO. The company has also formed a partnership with its international counterpart Spotify. Read More

Douyin to Outsource KOL Management to Multi-Channel Networks

Jul 5, 2018 / Entertainment Marketing /

Douyin will establish an official program for multi-channel networks (MCNs) to manage key opinion leaders (KOLs) on its platform, according to a report. Read More

Valve to Launch Steam in China

Jun 13, 2018 / Game /

Chinese game company Perfect World has partnered with Valve to launch a localized version of Steam. The partnership aims to provide Chinese gamers and developers with a new channel to access games and other entertainment products on Steam’s distribution platform. Read More

iQiyi to Include FilmNation Content in Its Lineup

May 14, 2018 / News /

On-demand video streaming platform iQiyi (爱奇艺) has inked an exclusive three-year deal with American independent film production company FilmNation, granting it exclusive rights to all of FilmNation’s content in mainland China. Read More

Nasdaq-Listed iQiyi Reports 57% Increase in Revenue

Apr 27, 2018 / News /

Chinese on-demand video streaming platform iQiyi (爱奇艺) has reported a 57% year-on-year increase in revenue in its first financial report since its IPO. Read More

Christopher Udemans