livestreaming Archives

Oriental Selection Sells Education Arm for 1.5B in Group Reorganization

On December 27, Oriental Selection, a live-streaming ecommerce company under the US-listed New Oriental Group, announced that it will sell its education business for a total price of 1.5 billion yuan to its parent company.

Douyu CEO Chen Shaojie Missing for Nearly Three Weeks

Chen Shaojie, the Chairman and CEO of Chinese game livestreaming company Douyu, has gone missing for nearly three weeks.

TikTok Undergoes Business Adjustments, Ramping up E-commerce Efforts

TikTok's e-commerce business has undergone business adjustments in the past few months. Notably, the platform has introduced a new model for its e-commerce project codenamed Project S. In simple terms, Project S operates with a full custody model. Under the model, merchants are only responsible for supplying goods, while the platform covers operations and fulfillment.

ByteDance’s Douyin Releases 11 Regulations about AIGC on Its Platform

On May 9th, Douyin released 11 regulations and industry initiatives regarding AI-generated content on its platform.

Social Livestreaming Platform Bigo Live Removed From App Store

The social livestreaming platform, Bigo Live, has been removed from the App Store as of April 9. There has been no response from Bigo regarding the matter.

Xiaohongshu Bets on Livestreaming E-commerce to Promote Higher Profit

Xiaohongshu, a Chinese lifestyle-sharing platform, reportedly will upgrade its livestreaming business to an independent department. The site features many reviews and users can post videos and pictures to show off their purchases.

Meituan Strengthens Short Video and Livestream Content to Compete With Douyin

Chinese shopping platform giant Meituan is revamping its short video and livestreaming features in response to competition from Douyin's entry into the take-out field. Douyin is TikTok's sister app in China.

Douyin Explores Online Livestream Programs for Medicine

At the beginning of this year, ByteDance's short video app Douyin started to explore online livestream broadcasting as a method of promoting and facilitating drug sales.

Tencent’s WeChat Channels to Charge Merchants Technical Service Fees

Pony Ma, the founder, chairman and CEO of Shenzhen-based tech giant Tencent emphasized at a recent internal staff meeting that "WeChat (Video) Channels is the hope of the whole company," and the short video platform has since made various moves to commercialize.

Chinese K12 Education Institutions Bet on Live-streaming E-commerce

In 2022, under the pressure of the Double Reduction policy, many K12 education companies in China, including New Oriental Education & Technology Group and Doushen Education, transformed into the live-streaming field.

Alibaba’s Taobao to Launch First Metaverse Livestreaming Channel

Taobao, an e-commerce platform owned by Alibaba, is conducting final tests before launching its first metaverse livestreaming product.

ByteDance’s Douyin Group Adjusts Organizational Structure

ByteDance-owned Douyin Group has adjusted its organizational structure, naming Han Shangyou, the current vice president of Douyin, as the platform's new head, managing several business lines.

HUYA 2022 Q3 Earnings Analysis: Efforts in Technology Advancement, Product Upgrade and Quality Content Help Improve Huya’s Resilience in Uncertain Environment

China’s major game live streaming platform Huya Inc., has announced its third quarter 2022 financial results on November 15. Huya has recorded quarter-on-quarter growth in the total net revenues and net income, with the average mobile MAU of Huya Live increasing steadily to 86 million.