Bilibili Inc. (NASDAQ: BILI) announced Wednesday its unaudited financial results for the third quarter ending on Sept. 30, revealing strong user growth as well as a rise in revenue.
In episode 67 of Tech Buzz China, hosts Rui Ma and Ying-Ying Lu discuss the ByteDance family of video apps outside of TikTok, including Xigua, Huoshan, and Pipixia.
Discussions over iQIYI’s next ten years resurfaced as it faced its tenth anniversary on April 22. With a host of challenges ahead, iQIYI, which is now so much more than a video provider, still strives to sell its “Online Disney” story to both investors and users.
Data from app analytic platform App Annie revealed that the number of mobile app downloads has surged during the first two weeks of February in the Chinese mainland market
Chinese short-video app Kwai (Kuaishou) managed to make it to the second place of the ranking with earnings approaching $78 million, a 57 percent year-over-year increase.
According to Sensor Tower Store Intelligence estimates, Honor of Kings from Tencent is likely to remain as the top most profitable game globally in the first half of the year.
2017 was a great year for short video apps in China. Domestic competition was fierce, it became a Red Ocean for investors, and the Chinese market became too saturated, companies gradually turned to overseas emerging markets trying to replicate miracles under the Blue Ocean strategy.