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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
Watermelon Video to Invest RMB 4 Bln to Create Self-developed Variety Show Platform
DoNews, 8/02/18
Beijing-based Bytedance Technology, operator of short video platform Xigua Shipin ("Watermelon Video"), has announced plans to invest RMB 4 bln over the next year to develop its own variety show platform. Read More
Regulators Crack Down on Short Video Operators Bilibili, Miaopai
TechWeb, 7/27/18
Chinese regulators have conducted a cleanup operation targeting China's online short video industry, including bullet-screen video platform operator Bilibili Inc. (Nasdaq: BILI), Weibo's (Nasdaq: WB) official mobile short video recording and sharing app Miaopai, and 17 other online short video platforms. Read More
China's Leading Courier Firms Adopt Cainiao's Delivery Person Star Rating System
P5w.net, 7/05/18
Cainiao Network Technology, the smart logistics company co-established by Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA) and several other firms, recently said that its delivery staff star-rating system has been adopted by five major Chinese express delivery firms including YTO Express (600233.SH), ZTO Express (NYSE: ZTO), Shentong Express, Best Express (NYSE: BSTI), and Tian Tian Express. Read More
Rumor: Today's Headlines to Launch Gamecasting Service
36Kr.com, 6/29/18
Beijing-based Bytedance Technology, operator of online and mobile news portal platform Today's Headlines, is reportedly planning to launch a new live gamecasting service, according to several industry sources speaking with media outlet 36Kr.com. Read More
Live Streaming App Inke Plans Hong Kong IPO as Early as This Week
TechWeb, 6/25/18
In response to Hong Kong media reports, Inke Limited, operator of Chinese mobile interactive video app Inke, has confirmed it was approved to list in Hong Kong on June 22, and intends to initiate the IPO as soon as this week. 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
Suning to Help Transform China Unicom Service Outlets into Smart Retail Stores
iFeng Tech, 3/22/18
Telecom operator China Unicom (NYSE: CHU; 0762.HK; 600050.SH) and Chinese consumer electronics and home appliance retailer Suning.com Co., Ltd. (002024.SZ) have signed a strategic partnership agreement focused on promoting smart store upgrades for China Unicom offline service centers, as well as developing big data applications. Read More
Tencent Leads Pre-IPO Funding of News and Video Aggregation App 'Fun Headlines'
PE Daily, 3/15/18
Jifen Culture Communication, the Shanghai-based developer of mobile news and video aggregation app "Qutoutiao" (literally "Fun Headlines"), recently completed a pre-IPO funding round of over USD 100 mln led by Chinese internet conglomerate Tencent (0700.HK) at a valuation of between USD 1.3 and 1.5 bln. Read More
Baidu Approved to Restart Live Streamed Quiz Show Following New Regulations
iFeng Tech, 2/24/18
Chinese internet conglomerate Baidu's (Nasdaq: BIDU) official short video app Haokan Shipin has received approval from the State Administration of Press and Publication, Radio, Film and Television (SAPPRFT) to re-launch its livestream quiz show "Speed Challenge," becoming the first live streaming quiz show to return following SAPPRFT's announcement of tighter oversight of this type of program. Read More
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