
Tencent Plans to Take Streaming Platform DouYu Private
Tencent plans to privatize one of its streaming platforms DouYu as its executives hold disagreements regarding strategy.
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Tencent plans to privatize one of its streaming platforms DouYu as its executives hold disagreements regarding strategy.
Chinese conglomerate Alibaba announced its financial results for the quarter ended December 31, 2019, beating analyst expectations.
According to an announcement on Wednesday by China's State Taxation Administration, three government departments in the country recently issued documents regulating live-streaming profit-making.
Bilibili, a Chinese streaming platform, released its first creator report. According to the report, the creator group in the platform has grown rapidly, with 2.7 million active uploaders per month, up 61% year-on-year.
Luo Min, the founder and CEO of Qudian, a technology platform empowering the online consumer finance experience in China, said on July 18 that the company has begun to focus on ready-to-cook meals, and is winding down its financial credit business.
TikTok, a short video platform owned by Beijing-based ByteDance, will start testing subscriptions on Thursday for TikTok LIVE, a new program that will allow creators to generate recurring revenue via payments from their top fans.
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.
Recently, many netizens said on social platforms that Chinese private tutoring institution New Oriental Education had sent job invitations to all former teachers. On August 21, the firm responded that the news was true.
Pinduoduo has recently become embroiled in a false advertising dispute on Chinese social media, after a web user participated in a livestream event purportedly offering the chance to obtain a free mobile phone.
Logistics firm BEST Inc. has launched a SaaS tool for Douyin's live-streaming management. This tool provides services such as managing orders, distributing commissions and calculating live-streamers' potential for merchants.
On Friday night, the opening ceremony of the 2022 Beijing Winter Olympics was successfully held.
On Monday, a former employee of Chinese game livestreaming company Huya announced the verdict of a high-profile legal case against the firm.