Despite Luo betraying his own brand and advertising for a competitor to repay his debts, his showmanship and flamboyant persona did the job quite well.
On Thursday morning, China's debt-ridden Smartisan Technology founder Luo Yonghao officially announced his exclusive partnership with Douyin, ByteDance's domestic version of TikTok.
Smartisan founder Luo Yonghao announced on his Weibo that he intends to enter the live-streaming e-commerce sector.
Within the past week, four US shareholder rights litigation firms announced an investigation into claims against Chinese livestreaming platform Douyu.
Chinese conglomerate Alibaba announced its financial results for the quarter ended December 31, 2019, beating analyst expectations.
Somewhere along the line, staying at home becomes a somewhat arduous practice, especially for those young folks who are constantly fighting boredom.
In episode 57, co-hosts Rui Ma and Ying-Ying Lu talk about Bilibili, a Chinese company that has no easy Western comparable — even as it sells a narrative of being “the YouTube of China.”
Bilibili, a Chinese video sharing platform, has confirmed on December 6 that the company has reached a strategic partnership agreement with the world’s famous PC game League of Legends.
Shanghai-based e-commerce giant Pinduoduo is exploring adding a live function to their platform to augment the social nature of their business model.
Kuaishou founders Su Hua and Cheng Yixiao said they are unhappy about the company’s performance and growth.
Just over a month ago news surfaced that TikTok’s music licenses were expiring, which could put the company in a complicated situation.
In the first half of 2018, eight live-streaming platforms in China raised approximately 10 billion yuan (US$11.6 billion). Among them, leading platforms HUYA Inc. and Douyu TV account for nearly 70% of the total.
According to Chinese media reports, the popular live-streaming platform Douyu TV, is rumored to go public in Hong Kong next month at a valuation of $700 million.
When Dale Carnegie wrote his magnum opus almost a century ago, he was most certainly not prepared to address social phenomenons such as live streaming in our ever-evolving digital era.
"I just killed time in a more meaningful way," Api said of the last weekend. Api finished round one of Arena of Valor at 2:25 am on January 6. He quickly brushed his teeth and jumped in bed to wait for a live stream scheduled to begin at 11:30 pm on Xigua Video.