Tencent's fintech and cloud push strong profits in Q1 amid gaming slump

Tencent announced first quarter 2019 profits of RMB 27.9 billion ($4 billion),…


China’s online retail growth in April falls to a new low of 17.8%: report

(Image credit: Shutterstock) China’s online retail sales increased 17.8% year…


esport china

China's PC gamers will exceed US population in 2023: report

Teenage gamers playing a multiplayer video game on PC. (Image Credit:…


Cloud provider Xunlei discards dubious past, reveals partnership with Youku

(Image credit: Xunlei) Cloud provider Xunlei, once notorious for piracy…


Tencent Music shuffles leadership as Q1 content costs outpace subscriber growth

Screenshot of Tencent Music Entertainment Group's official website. (Image…


bilibili

Anime site Bilibili's non-gaming businesses surged ahead in Q1 2019

First quarter results are in for video and gaming platform Bilibili: while the…


Briefing: Tencent’s ‘Game for Peace’ grosses $14 million in 3 days

Tencent's Game for Peace Surpasses $14 Million in 72 Hours on China's App Store…


Briefing: AI startup Megvii raises $750 million in new round of funding

Chinese AI start-up Megvii raises $750 million ahead of planned HK IPO -…


Briefing: Number of new China unicorns surged in Q1 2019: report

Hurun Released “Greater China Unicorn Index” and “Future Unicorns” for 2019 Q1…


Douyu

Briefing: Game-streaming startup Douyu delays US IPO as trade war escalates

Chinese Startup DouYu Delays U.S. IPO Launch on Trade Jitters - Bloomberg What…