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CHINA has penalized 10 of the country’s most popular livestreaming apps, suspending some of their operations in a renewed crackdown on fast-growing services backed by Tencent Holdings Ltd. and ByteDance Ltd.
Huya said it introduced ‘emergency changes’ to the site to address concerns highlighted by state media. In the first quarter, Douyu reported a 53% year-on-year increase in net revenue to US$321.1mil.
JD.com joins video platform Kuaishou in livestreaming sales deal in time for China’s midyear shopping festival
Although JD.com has its own livestreaming platform, Kuaishou’s 300 million daily active users are expected to give the e-commerce specialist a strong boost. JD.com announced on Monday that it will host more than 300,000 key livestreaming sessions during this year’s 618 shopping festival.
This latest entry to the Pac-Man franchise comes from Amazon's games studio and is hosted on the Twitch TV livestreaming platform.
Recent controversies could prompt the Cyberspace Administration of China to scrutinise the video game sector, analysts say. China is the industry’s biggest market, with more than 720 million gamers across mobile, desktop personal computer and console hardware.
Why Chinese cities such as Chengdu and Wuhan are attracting top tech talent in search of a better life
Local governments in cities like Wuhan and Chengdu have been eager to boost innovation and cultivate the next big technology unicorns.
Sweden’s MTG AB surged after its portfolio company ESL, the world’s largest eSports company, said it is partnering with Tencent Holdings Ltd-backed streaming platform Huya Inc to expand in the Chinese market for competitive gaming.
Cameras flashed and fans screamed, as Liu Mou stepped into the spotlight on a sweltering summer evening.
HONG KONG/NEW YORK (Reuters) - Wanda Sports Group, a sport events owner whose interests include the distribution of media rights in Asia for the FIFA World Cup, said on Friday it priced a smaller-than-expected U.S. initial public offering (IPO) below its targeted range to raise $190.4 million (£153.07 million).