
Tencent's WeChat Channels Accelerates Commercialization
Tencent is currently increasing its investment in WeChat Channels, a video content creation platform.
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Tencent is currently increasing its investment in WeChat Channels, a video content creation platform.
Tencent, the company behind WeChat, China’s biggest social network, and India's leading mobile payment service company Paytm are planning to invest over $100 million in Indian video and audio streaming platform MX Player.
A group of nine film and television companies issued an appeal letter calling for solidarity and self-preservation on May 7, in an attempt to restore confidence in the industry.
Web users in China have uploaded footage to domestic video streaming platform Bilibili that is suspected to have been obtained by hacking security cameras in public places, sparking public concern.
Bilibili, a Chinese video streaming platform, has applied to the Hong Kong Stock Exchange (HKEx) for the proposed voluntary conversion of its secondary listing status on April 29, 2022, receiving formal approval.
Bilibili, a Chinese video streaming platform featuring anime, cartoon and games (ACG) content, eyes livestreaming e-commerce business.
On May 16, 2023, Huya Inc., a leading game live streaming platform in China, announced its 2023 Q1 financial results.
Bilibili announced today its unaudited financial results for the second quarter this year, with its net loss reaching 1.12 billion yuan, compared with 570.9 million yuan in the same period of 2020.
Chinese video streaming platform Bilibili is set to raise HK$20.2 billion ($2.6 billion) from a secondary listing in Hong Kong, the company confirmed.
On March 21, 2023, Huya Inc., a leading game live streaming platform in China, has released its 22Q4 and full year financial results, achieving steady quarterly and yearly user scales, with its 2022Q4 total net revenues in line with market consensus.
The first pay-per-view video from an independent uploader appeared on popular Chinese streaming platform Bilibili on Monday, marking a new step by the firm in its pursuit of paid content strategies, following lessons and movies.
Video streaming platform Bilibili reportedly launched a round of systematic cost reductions. A Bilibili spokesperson acknowledged that some businesses have been adjusted recently, along with various personnel adjustments, but denied any large-scale layoffs.