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.
Chinese food delivery and services platform Meituan and ride-hailing giant Didi have recently made major moves into the e-bike rental market, each placing bulk orders for electric bicycles to secure a larger share of an emerging market that promises better returns than bike-sharing.
Zhang Yiming, founder and CEO of TikTok-owner Bytedance, has donated $10 million to the Bill & Melinda Gates Foundation for research and development of treatment for the novel coronavirus disease.
Tencent Music Entertainment (TME) announced slightly worse-than-expected first quarter results on Monday, with strong growth in the music subscription sector but significant losses in its social entertainment services.
The Shanghai Disneyland Resort has reopened on May 11 after having been shut down for more than three months to prevent the spread of COVID-19. This is Disney’s first theme park to resume operations around the world.
ChinaJoy, one of the largest annual digital entertainment and gaming expos in Asia, will be held offline on schedule in Shanghai from July 31 to Aug. 3.
Chinese gaming companies recorded robust revenue growth on mobile platforms in April, as major players in the field roll out content updates for their existing games and launch new titles.