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Alibaba Acquires Import E-Commerce Platform Kaola from NetEase

NetEase, 9/05/19

Chinese internet conglomerates NetEase, Inc. (Nasdaq: NTES) and Alibaba Group (NYSE: BABA) today announced Alibaba's acquisition of NetEase's import e-commerce platform Kaola for approximately USD 2 bln. Read More

China's H1 2019 Internet User Base Reaches 854 Mln

CNNIC, 8/30/19

China's internet user base reached 854 mln in H1 2019, up nearly 26 mln from the end of H2 2018, among which the mobile internet user base was approximately 847 mln, up almost 30 mln from the end of H2 2018, according to data in the China Internet Network Information Center's (CNNIC) newly released H1 2019 State of the Chinese Internet Report. Read More

China's H2 2018 Internet User Base Reaches 829 Mln

CNNIC, 2/28/19

China's internet user base reached 829 mln in H2 2018, up nearly 27 mln from the end of H1 2018, among which the mobile internet user base was approximately 817 mln, up over 29 mln from the end of H1 2018, according to data in the China Internet Network Information Center's (CNNIC) newly released H2 2018 State of the Chinese Internet Report. Read More

Douyin Secures Music Copyrights from Major Global Record Labels

Sina Tech, 8/09/18

Short music video sharing platform Douyin, operated by Beijing-based Bytedance Technology, recently signed partnership agreements with several recording labels and music copyright agencies including Universal Music Group, Warner Music Group, Taihe Music Group, and Touch Music Publishing, to gain full access to their music libraries. Read More

Bytedance Launches AR Effects Platform 'Byted Effect'

Jiemian, 6/25/18

Beijing-based Bytedance Technology, operator of online and mobile news portal platform Today's Headlines, recently launched an augmented reality special effects platform called Byted Effect. Read More

Feud between Tencent, Today's Headlines Escalates with Fresh Lawsuits

BiaNews, 6/02/18

Chinese internet conglomerate Tencent (0700.HK) recently issued a statement saying that Beijing-based Bytedance Technology, operator of popular news aggregation platform Today's Headlines and short video apps Douyin and Huoshan ("Volcano"), and its indirectly wholly-owned subsidiary Microlive Vision Technology, have been slandering Tencent through a number of channels, causing serious harm to Tencent's reputation. Read More

Rumor: Alibaba to Make USD Multi-billion Investment in Today's Headlines

Kai Ba, 4/26/18

Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA) is looking to make a USD 10-digit investment in Beijing-based Bytedance Technology, operator of online and mobile news portal platform Today's Headlines, according to independent tech media blogger "Kai Ba." Read More

Music Video App Douyin Suspends Live Streaming and Commenting Functions

China.com, 4/11/18

Mobile music short video sharing app Douyin, operated by Beijing-based Bytedance Technology's indirectly wholly-owned subsidiary Microlive Vision, announced that starting today, it will suspend use of its live stream and comment functions as part of a comprehensive system upgrade. Read More

Panda Breeding Center, China Mobile's Migu Ally on Panda-themed IP Operations

People's Posts and Telecommunications News, 3/29/18

Chengdu Giant Panda Breeding Research Base and telecom operator China Mobile's (NYSE: CHL; 0941.HK) new media subsidiary Migu Culture Technology recently announced plans to cooperate on panda-themed intellectual property operations. Read More

Alibaba, NetEase Ally on Music Copyright Sharing

Sina Tech, 3/06/18

Chinese internet conglomerate Alibaba Group's (NYSE: BABA) Ali Music Group and Chinese internet company NetEase's (Nasdaq: NTES) NetEase Cloud Music recently announced a mutual music copyright licensing partnership. Read More