Ding Yi
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Baidu-Backed Video Streamer iQiyi Probed by U.S. Regulator After Short Seller’s Report
Baidu-backed video streaming service iQiyi disclosed that the U.S. securities regulator has requested financial records related to issues raised in an April report from short seller Wolfpack Research. Read More
JOYY’s Livestreaming Revenue Up 40% in Second Quarter of 2020
Chinese video-based social media company JOYY raked in 5.6 billion yuan ($793.7 million) in livestreaming revenue in the second quarter of 2020, up 40.1% from the same period in 2019, as the Covid-19 pandemic led to a surge in demand for online entertainment. Read More
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