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Sony invests $400 million in Chinese video site Bilibili

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09-Apr-20 Chinese video site Bilibili will receive $400 million equity investment from Sony Corp America as the two companies seek to further collaborate in entertainment to attract China’s Gen Z. Expanding into documentaries, esports, and music videos, Bilibili attracts over 130 million monthly active users. [image: REUTERS/Carlo Allegri]

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TikTok hit USD9 mn in in-app purchases, up 500%

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19-Jun-19 Popular short-form video app TikTok, developed by China's ByteDance, has been slowly ramping up its advertising strategy. However, the company still generates revenue from in-app purchases, and that number hit a high of USD9 million in May 2019. [image: TechCrunch]

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China’s game makers face a shapeshifting boss

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24-Apr-19 After a freeze on video-game approvals in 2018, Chinese officials have issued new guidelines that point to fewer titles and blander content. Fewer than 800 were approved in the first quarter to Mar-19, down from nearly 2,000 in 2018. [image: Getty Images / Towfiqu Photography / Zawya]

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