Finance |

Headlines from China: Who Is The Next Biggest Investor in The Chinese Film Market?

Sep 19, 2018 / Headlines From China /

Chinese film industry is not going downhill. Instead, it’s time for the industry to have another round of reform. Read More

Shenzhen Stock Exchange Questions LeTV for Using Blockchain as a Buzzword

Jul 15, 2018 / News /

Leshi Internet Information and Technology, previously known as LeTV, has been questioned by Shenzhen Stock Exchange regarding its smart TV subsidiary Lerong Zhixin’s new blockchain business. Read More

Entertainment Finance: Where Will the Money Come From?

May 23, 2018 / Money /

Entertainment finance has had its ups and downs, but with the industry going through a major change, how will financing methods and models evolve? Read More

BuzzFeed Partners With Chinese News Aggregator Toutiao

Jan 29, 2018 / News /

News aggregator Jinri Toutiao has tied the knot with American media outlet BuzzFeed, reaching an agreement to share the latter’s video content on its platform. Read More

Headlines from China: Bilibili Getting Ready for US IPO with Cornerstone Investments

Jan 11, 2018 / Headlines From China /

Although Bilibili is a leading video site in China, most people in the west are unfamiliar with this brand. By securing cornerstone investments, Bilibili hopes to increase American investors' confidence in the company. Read More

Google’s First Major Investment in Game Streaming Goes to China

Dec 28, 2017 / News /

Google has put RMB 500 million into the Chinese game streaming platform Chushou TV. This marks the first major investment Google has made in live broadcasting for video games since it lost the acquisition opportunity of the immensely popular Twitch to Amazon three years ago. Read More

Former ‘Voice of China’ Producer Moves Toward IPO

Dec 24, 2017 / Money /

The former producer of “The Voice of China” has completed pre-IPO fundraising, earning a valuation of 21 billion yuan ($3.2 billion) — though trademark disputes involving the Dutch creator of the show and several Chinese licensees remain unsettled. Read More

Headlines from China: More Money to be Burned by Chinese Video Platforms in 2018?

Nov 13, 2017 / Headlines From China /

As the online streaming sector has been seeing continual growth in advertising revenue and number of paid users, the leading platforms backed by giant tech companies, such as Baidu, Alibaba, and Tencent, seem to be willing to burn more money in 2018 to conquer the market. Read More

Is US$2.4 Billion Enough to Redeem Cash-Strapped LeEco?

Jan 19, 2017 / News /

China real estate titan Sunac China Holdings Ltd. will become LeEco's second-largest shareholder after leading RMB 16.8 billion (US$2.4 billion) in fresh funding. Read More

LeEco Raises Funding, Reshuffles Management Amid Cash Crunch

Nov 21, 2016 / News /

China’s internet giant LeEco announced Tuesday that the company has secured US$600 million of funding from a dozen of local investors. Read More

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