The JD.com and Wanda-backed group has suffered rumors of production problems.
Chinese public attitude towards gaming no longer sees it as a waste of time.
The market experienced a period of boom and bust in 2016–2017, as smaller platforms lost both broadcasters and users.
Chinese social media Weibo comes under fire for the loopholes in lottery drawing algorism.
“We are not dead, and PandaTV is about to profit,” PandaTV’s Chief Operation Officer Zhang Juyuan told local media.