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Chinese regulators have conducted a cleanup operation targeting China's online short video industry, including bullet-screen video platform operator Bilibili Inc. (Nasdaq: BILI), Weibo's (Nasdaq: WB) official mobile short video recording and sharing app Miaopai, and 17 other online short video platforms. Read More
Hou Enlong, president at Chinese consumer electronics and home appliance retailer Suning.com (002024.SZ), recently announced that the company is launching a new short video content e-commerce platform called Touhao Maijia. Read More
Chinese microblogging platform Weibo (Nasdaq: WB), a subsidiary of Sina (Nasdaq: SINA), recently announced that in order to ensure the accuracy and reliability of hot search term and trending topic rankings, it will strengthen enforcement of its rules against manipulating search results and discussion topic rankings and will penalize the direct beneficiaries of such practices. Read More
Beijing-based Zuoyou Travel Network Technology, operator of independent media documentary producer Zuoyou Video, completed RMB 20 mln in strategic funding on December 13, revealed founder Liu Weiyang to Chinese startup news site Pencil News. Read More
Chinese online game virtual item trading platform operator and mobile game marketing and traffic distribution service provider Whole Easy Internet Technology (002464.SZ) (known as Key Ever Bright Decorative Technology prior to November this year) has announced that it signed an investment and strategic partnership framework agreement with the mainland China operating entity of Sina's (Nasdaq: SINA) microblogging platform Weibo (Nasdaq: WB) in the online gaming, advertising, and entertainment industry domains. Read More
Beijing-based animation content production firm Tuzi Culture has completed RMB 8-digit Series A funding from Chinese internet and mobile services firm Tencent (0700.HK). Read More
Morgan Stanley, China Merchants Bank, China Securities Co., and Chinese microblogging platform Weibo (Nasdaq: WB) have made a strategic investment in Beijing-based social media marketing firm Tianxiaxiu Technology (InMyShow Inc.) The RMB 600 mln investment covers both Series C and Series C+ rounds. Read More
Beijing-based television value-added service provider Kuyun Interactive Technology has announced a partnership with Chinese microblogging platform Weibo (Nasdaq: WB) to release a social, interactive, and real-time video program evaluation system called "Weibo Shishi Bang." Read More
Online video sites Bilibili and AcFun have reportedly removed numerous foreign TV shows and movies from their platforms, according to reports from video site users. Read More
Chinese microblogging platform Weibo (Nasdaq: WB), a subsidiary of Sina (Nasdaq: SINA), recently announced an update to some of its rules following a notice from the State Administration of Press and Publication, Radio, Film and Television (SAPPRFT) on June 22, requesting that Weibo correct problems related to its audio-visual programming services. Read More