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…


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…


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…


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…


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…


WeChat introduces gold hongbao to promote new financial product

Pony Ma, CEO of Tencent, shows off gold hongbao (Image credit: Qieshengtai) WeChat began testing a new lucky money…


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…


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…


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,…


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…