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Game Live Streaming Platform Operators Huya, DouYu to Merge
Huya, 10/12/20
Chinese game live streaming platform operator HUYA Inc. (NYSE: HUYA) and Wuhan-based game-centric live streaming platform operator DouYu International Holdings Limited (Nasdaq: DOYU) today announced that they have entered into an Agreement and Plan of Merger, dated October 12, 2020 (the "Merger Agreement") with Tiger Company Ltd., a newly formed company with limited liability incorporated under the laws of the Cayman Islands and a direct wholly owned subsidiary of Huya ("Merger Sub"), and, solely for the limited purposes set forth therein, Nectarine Investment Limited ("Tencent"), a wholly owned subsidiary of Tencent Holdings Limited (0700.HK). Read More
China's H1 2019 Internet User Base Reaches 854 Mln
CNNIC, 8/30/19
China's internet user base reached 854 mln in H1 2019, up nearly 26 mln from the end of H2 2018, among which the mobile internet user base was approximately 847 mln, up almost 30 mln from the end of H2 2018, according to data in the China Internet Network Information Center's (CNNIC) newly released H1 2019 State of the Chinese Internet Report. Read More
China's H2 2018 Internet User Base Reaches 829 Mln
CNNIC, 2/28/19
China's internet user base reached 829 mln in H2 2018, up nearly 27 mln from the end of H1 2018, among which the mobile internet user base was approximately 817 mln, up over 29 mln from the end of H1 2018, according to data in the China Internet Network Information Center's (CNNIC) newly released H2 2018 State of the Chinese Internet Report. Read More
Smartisan's Messaging App 'Bullet Messaging' Completes Series B
Tencent Tech, 9/10/18
Luo Yonghao, founder of Kuairu Technology, the company behind Beijing-based smartphone developer Chuizi Technology's (Smartisan) mobile messaging platform Bullet Messaging, recently announced that Kuairu has completed Series B funding. Read More
Messaging App 'Bullet Messaging' Exceeds 7 Mln Users, Plans RMB 1 Bln User-acquisition Push
All Weather TMT, 9/07/18
Luo Yonghao, CEO at Beijing-based mobile OS developer Chuizi Technology and an early investor in Beijing-based Kuairu Technology, operator of mobile instant messaging app Zidan Duanxin (Bullet Messaging), recently published a message on microblogging platform Weibo, stating that Bullet Messaging now has more than 7 mln active users, but that user growth is beginning to cool. Read More
Smartisan's Messaging App 'Bullet Messaging' Wins RMB 150 Mln Series A
Tencent Tech, 8/28/18
Beijing-based smartphone developer Chuizi Technology (Smartisan)'s messaging app, Zidan Duanxin (literally "Bullet Messaging"), operated by Kuairu Technology, has completed RMB 150 mln in first round funding within seven days of its launch, according to Smartisan CEO Luo Yonghao on his Weibo microblogging account. Read More
WeChat Applet User Base Reaches 280 Mln
36Kr.com, 6/29/18
Total applet consumer users within Chinese internet giant Tencent's (0700.HK) WeChat mobile messaging app have reached 280 mln as of June 2018, according to applet ecosystem data for H1 2018 published by WeChat applet statistics platform Aldwx.co. Read More
Update: WeChat Modifies Display of Subscription Accounts into Single Feed
TechWeb, 6/20/18
Chinese internet conglomerate Tencent (0700.HK) recently updated the iOS version of its WeChat mobile messaging app to version 6.7.0, which incorporates changes to the way in which subscription account content is presented to users. Read More
Distributed Computing Platform Developer BeagleData Lands RMB 100 Mln Series D
The Beijing News, 6/13/18
Beijing-based distributed computing platform developer Tianyun Rongchuang Data Technology (BeagleData) recently announced the completion of RMB 100 mln in new funding in H1 2018, jointly led by Ally Capital and Meridian Capital. Read More
Tencent Launches Real-time Online Document-editing Service
Sina Tech, 4/18/18
Chinese internet conglomerate Tencent (0700.HK) recently officially announced its entry into the realm of office software with the launch of a collaborative online document product called Tencent Documents. Read More
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