China Internet Weekly (1Jun2020): Internet Information Revenue Up 13%
Internet information service revenues from January to April 2020 grew by 12.8% YoY. Alibaba Pictures (1060 HK)’s revenue declined by 5% in FY2020...
289 Views
Tencent Music (TME): In Q1, Revenues Slowed Down, But Won Users from Competitors, Upgrade to Hold
The revenue growth rate decreased to in 10% in 1Q2020 versus over 30% YoY in previous quarters. However, TME live broadcast’s active user base was...
286 Views
Tencent (700 HK): Potential Merger of E-Sports Subsidiaries, Huya Merely The Tip of The Iceberg
An account on Weibo (WB) revealed that Tencent would merge three of its subsidiaries: QQ E-Sports (企鹅电竞), Douyu (DOYU), and Huya (HUYA). We...
690 Views
Sony Acquires a 4.98% Stake in Bilibili to Capture China’s Gen Z Through Mobile Games and Anime
Sony Corp (6758 JP) announced on Thursday (09th April) that it has entered into a definitive agreement to acquire a 4.98% stake in China’s...
381 Views
Alibaba (BABA): Fresh Food Booming and Freshippo Leading After Virus Outbreak
The active user base of online fresh food industry increased 58% YoY in the month after the Chinese New Year vacation in 2020 over the month in...
466 Views