Online marketplace lender China Rapid Finance files for US IPO
China Rapid Finance, which operates an online consumer lending marketplace, has filed for IPO on the New York Stock Exchange to raise up to US$100 mill…
Author: Tracey Xiang
Report: China’s live streaming market grew 180% in 2016
China's live video streaming market was estimated to be RMB 20.8 billion (around US$ 3 billion), an 180% growth from the previous year, according to th…
Alibaba’s finance arm to allow financial institutions to set up shop in investing app
Ant Fortune, the investing app of Ant Financial Services Group (Alibaba Group's finance affiliate), unveiled recently Caifu Hao (财富号 or “Fortune Accoun…
Video saves Weibo from 2 year decline, makes 2016 best year for Sina
Daily average video views on Weibo, the leading social media in China, increased seven times year-over-year, surpassing 2 billion in the fourth quarter…
Online film surpassed theater releases by 500% in China in 2016
China's 2016 box office fell well short of the expectations with growth a mere 3.7% from 2015, the first time in more than a decade that the growth rat…
WeChat introduces gold hongbao to promote new financial product
WeChat began testing a new lucky money feature during the recent Chinese New Year holiday that enables transfers of gold bullion among users with t…
Xiaomi Expects Mijia Hardware Sales to Reach $2.2 Billion in 2016
Correction: An earlier version of this story's headline implied that the expected sales are to come from Xiaomi's first-party hardware. The expected sa…
Mobile is Reshaping Content Aggregation and Delivery in China
Different from the incumbent online content aggregators who produce a large portion of their content in-house and depend on traditional display adverti…
China’s Online Video Market in the Middle of Transition to Paid Subscribers, Self-Produced Content
China is set to reverse the course of history and again defy expectations. iQiyi, an on-demand video streaming service, expects their advertising reven…
Tencent’s QQ Social Platform Opens Up To Content Creators
At their 2016 annual partner conference last week, Chinese social and gaming giant Tencent unveiled Entertainment Quotient Plan (EQ Plan), an initiativ…
China Has Finally Seen Explosive Growth in Short Original Videos
Miaopai, a leading video clip capturing and sharing app in China, claims to have seen daily views surpass 1.7 billion, up from 510 million in late 2015…
The Dilemma Of Chinese Online Video Sites
In recent comments, Martin Lau, the President of Tencent, China's largest internet company by revenue, said the state of the video streaming market was…