iQIYI Cloud Cinema Releases Gain Wide-spread Popularity with Strong Box office Performance
iQIYI saw growing efficacy of its Cloud Cinema with two films released in July both achieved strong box office performances. The box office for Fight Against Evil 2 and the iQIYI-presented film The Comeback both surpassed RMB 10 million within ten days of the films’ respective launches. Read more WMBF News
China to curb kids’ mobile use in blow to Tencent, ByteDance
China’s internet overseer laid out regulations Wednesday to prevent minors from spending too much time on their smartphones, dealing a potential blow to Tencent and other social media leaders. The regulations published by the Cyberspace Administration of China represent some of the harshest restrictions on internet use in the world, as worries fester about online addiction. Read more
