Game live-streaming platform Douyu has switched its IPO to the Nasdaq Global Select Market from the New York Stock Exchange, according to the company’s SEC filing on Monday. Read More
Gaming giant Tencent has successfully negotiated a more favorable revenue split with a number of Chinese Android stores for its mobile titles, media outlet GameLook reported. Read More
Game live-streaming platform Douyu recorded surging revenue, net profit, and strong growth in paying users in the first quarter of 2019, according to updates the company made to its US Securities and Exchange Commission (SEC) filing. Read More
Chinese live-streaming social media company YY on Monday announced that it has raised a total of $1 billion in a convertible senior notes offering, according to an announcement, as it seeks to fund expansion into overseas markets. Read More
This is the ninth ban in seven months that Tencent has requested against Bytedance that seeks to remove content related to Tencent’s games from Bytedance apps, with six of the nine lawsuits filed in May alone. Read More
More than a quarter of short video app users in China are under 24 years old, and lower-tier cities are becoming increasingly important sources for growth Read More
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
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