Tencent CEO Pony Ma said his company would “seriously consider” the possibility of a virtual reality (VR) backed WeChat, especially given the speedy communication 5G stands to bring to the internet. Read More
The court in Beijing’s Haidian district has accepted a case brought by Bytedance-operated short video platform Douyin which is suing Tencent for defamation and requesting RMB 1 million in damages including an apology. Read More
China is seeing the first box office dip for animated production in six years; ticket sales for all animated movies released in China totaled at around $7.2 billion, a $349 million decrease from 2016. Read More
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