China’s popular video streaming service, iQiyi, has filed confidentially for US IPO according to IFR. Sources familiar with the plans said the company is looking to raise $1 billion by the end of Q1 or early Q2 of 2018. Read More
With a string of collapsed investment deals attracting attention in 2017, many people believe that the Chinese government's tightened control over overseas investments hinder Chinese conglomerates' expansions in the entertainment industry. But is it true? Read More
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
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
China’s leading short social video and photo sharing app Kuaishou is rumored to launch a new round of funding with the estimated valuation at $15 billion, according to the self-media “Kaiqi.” Read More
Tencent Holdings Ltd.’s online literature unit, which seeks up to HK$8.3 billion ($1.06 billion) in an initial public offering (IPO) in Hong Kong, has had an enthusiastic reception from retail investors. Read More
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