Tencent Music Goes Live in Partnership with U.S. Virtual Gig Master Wave

 /  Music  / 
Tencent Music Entertainment Group (TME) is entering the virtual concert arena in partnership with a U.S. startup, as it extends its offerings beyond simply providing songs licensed from third parties. Read More

Video Streamer Bilibili Posts Strong User Growth as Losses Widen

 /  Video Sharing  / 
Nasdaq-listed Chinese video streaming platform Bilibili reported solid user growth in the third quarter, but its losses nearly tripled as it spent heavily on marketing. Read More

PUBG Mobile Plans Return to India With New Game

 /  Game  / 
On Thursday, PUBG Corp. announced plans to release PUBG Mobile India, which will be “customized for Indian gamers such as the game now being set in a virtual simulation training ground, new characters automatically starting clothed and green hit effects to reflect the virtual nature of the game.” Read More

TikTok and Sister App Douyin Retain Crown as World’s Most Downloaded Non-Game App

 /  Short Video  / 
Last month, TikTok, and its sister app Douyin, were downloaded 66 million times globally, representing a year-on-year increase of 9.5%, according to a report by research firm SensorTower. Read More

TikTok Invites U.K. Lawmakers to Review Content Moderation Over Ties to Beijing

 /  Technology  / 
TikTok’s U.K. branch has invited local lawmakers to review its algorithm and how it moderates content in an attempt to earn the trust of British policymakers who believe Beijing exerts influence on the short video app’s content moderation process, according to a report by CNBC. Read More

ByteDance Goes on Hiring Frenzy in China

 /  Technology  / 
ByteDance is embarking on a hiring spree in China despite facing pushback in some of its overseas markets as the company accelerates its business expansion. Read More

Not Just Trending Videos, ByteDance Invests in E-Literature Firm IReader

 /  Technology  / 
ByteDance is further expanding into the e-book market with a sizable investment in one of China’s largest digital literature companies. Read More

iQiyi to Create Genre-Specific Content to Meet Different Audience Demands

 /  Streaming  / 
Baidu-backed video streaming service iQiyi is betting big on developing three genre-specific content libraries in the coming year for lovers of scripted content. Read More

‘Honor of Kings’ Reclaims Crown as World’s Highest-Earning Mobile Game, Besting PUBG

 /  Game  / 
“Honor of Kings”, a fantasy multiplayer role-playing battle game developed by Chinese internet giant Tencent, overtook “PlayerUnknown’s Battlegrounds” (PUBG Mobile) as the world’s highest-earning mobile game in September, helped by huge popularity in its home China market. Read More

Profits of Weibo Soar Even as Revenue Falls

 /  Money  / 
Chinese social media platform Weibo reported a jump of 92.6% in net profit in the second quarter of 2020, despite a 10% revenue decline. Read More


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