Bytedance is moving into gaming, but it’s not trying to overthrow Tencent yet. It’s a low stakes bet that will get big only if it succeeds early.
Competition remains fierce in the crowded music streaming market. Xiaomi Music has become the first Chinese mobile phone manufacturer to obtain licensing rights to Warner Music’s catalog, while NetEase Cloud Music is adding video sharing features. However, established services Kugou Music (酷狗音乐 or “Cool Dog Music” in English) and QQ Music continue to dominate the […]
In July this year China completely lifted a 15 -year-old ban on gaming consoles, and the country’s budding developers have already tapped into the fastest way to the market: Android-based consoles. Producing an Android-based solutions, similar to Ouya’s US$99 console, allows companies to enter the market without waiting to develop their own systems, while maximizing China’s powerful manufacturing capabilities […]