Dating and social networking platform Momo saw shrinking revenues and decreasing numbers of paying users in the first quarter.
Chinese online retailer Vipshop reported sliding revenues and profit in the first quarter of 2020 as the COVID-19 pandemic disrupts logistic services and supply chains.
Former Microsoft executive vice president of Artificial Intelligence and Research Harry Shum has been appointed the chairman of the board of local news platform News Break.
A court in Vancouver ruled on Wednesday that US prosecutors had satisfied an essential legal requirement needed to continue the extradition case of Meng Wanzhou.
Tencent will acquire a 20% stake in Japanese game developer and publisher Marvelous.
TikTok and Douyin owner Bytedance's valuation has risen more than 33% from around two years ago to more than $100 billion.
Xiaomi reported steady revenue growth in the first quarter of 2020 despite the disruptions in supply and shipment caused by the COVID-19 pandemic.
Video-based social media platform JOYY reported strong growth in the first quarter of 2020 as the company further pushes its overseas live-streaming apps.
TikTok-owner Bytedance on May 15 fully acquired online medical encyclopedia and healthcare service platform Baike Mingyi.
Luckin Coffee shares took a 36% dive on Wednesday after the company resumed trading on Nasdaq, following a delisting notice from the exchange on grounds of financial fraud.
Chinese video game and entertainment company NetEase beat analyst expectations for its first quarter revenues as the company increased its online games revenue with new game launches and further monetized its music streaming app.
Tencent will increase the number of mobile games covered by its updated anti-addiction system to 80 by the end of May, and has been testing a new facial recognition system.
Tencent on Wednesday said that it would launch the mobile version of the PC "beat 'em up" action game Dungeon & Fighter in the Chinese market in summer 2020.
Tencent’s battle royale game PUBG Mobile recorded its best month yet in terms of overseas revenue, as lockdown orders continue to be enforced in many countries.
NetEase Cloud Music has on Tuesday reached a strategic partnership with Warner Chappell Music on music licensing as well as online karaoke and music IP development.