Chinese social media and entertainment site Joyy Inc. rejected allegations of fraud by Muddy Waters Research, saying the report it published was full of “misinformation, erroneous statements and misleading conclusions.”
The Chinese short video service company BIGO is moving its servers from Hong Kong to Singapore in order to emphasize its independence from its Chinese parent company.
Video-based social media platform JOYY Inc. on Thursday reported net revenue of $826.6 million in the second quarter of 2020, up 36.3% year-on-year.
He Xiaopeng, chairman of the Chinese electric vehicle startup Xpeng Motors, welcomed a visit from top Chinese tech leaders to the auto maker's new headquarters in Guangzhou on July 18.
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.
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.