Both Kevin Leung, the director at HTC VICE X, and Atli Mar Sveinsson, co-founder and CEO of Directive Games, concluded that there needs to “killer apps” to open up the AR and VR markets. Here are the highlights from their discussion at TechCrunch Shanghai 2017. Read More
Toutiao, a China-based content firm, has signed a deal to officially acquire Musical.ly, a Chinese video social network app that has gained popularity worldwide. Read More
Chinese officials have ordered three media outlets to shut down their live streaming for being out of line with national audiovisual regulations and “promoting negative comments” (in Chinese). Read More
Chinese regulators have shut down webcasting services including live streaming, on three popular platforms in China for violating government standards by broadcasting negative commentary on political and social news. Read More
Tencent Tech is reporting that blockbuster multiplayer online battle arena (MOBA) game "Honour of Kings" has overtaken "Monster Strike" this May to become the world’s highest-grossing (in Chinese) game across platforms, according to data released by App Annie. Read More
Major listed Chinese tech firms have released their latest quarterly results, and most of them delivered strong performances. Here’s a roundup of some of the top performers, including BAT, JD, Weibo, and Momo. Read More
Panda TV (熊猫直播), a Shanghai-based game streaming website, has raised RMB 1 billion in series B funding (in Chinese) led by Industrial Innovation Capital Management (兴业证券兴证资本), causing a stir in the sector. Read More
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