Damai rides China’s offline leisure boom to bumper profits
The company’s dominance in live entertainment ticketing and IP franchises has turbocharged its revenue, despite persistent consumer complaints and monopolistic behavior Key Takeaways: Damai’s profit rose around 50% in the…
Yalla sees ‘inflection point’ next year as new gaming initiative takes flight
After a year of preparations, the Middle Eastern social media company launched its first self-developed midcore game during the third quarter Key Takeaways: Yalla kept its revenue growth streak alive…
China Travel International sheds property unit to focus on core business
The travel and tourism company will spin off its tourist property segment and significantly reduce its capital in a major restructuring Key Takeaways: China Travel International will spin off its…
Will Int’l Entertainment’s billion-dollar gamble finally pay off?
The property developer is betting heavily on its acquisition of a casino in Manila, as the Philippines privatizes its portfolio of government-owned properties Key Takeaways: International Entertainment Corp. issued its…
China tech: virtualizing debt, AI for daters
“If you come up with a potential weapon of mass destruction, you probably want to keep that a bit quiet in the hope that it will find a way to…
iHuman’s international drive hops ahead with Cricket Media tie-up
The edutech company’s new alliance with a U.S. children’s media brand with more than a half century of history looks more promising than its earlier global expansion efforts Key Takeaways:…
Dancing robots and K-pop diplomacy: China’s economic and social gambits
Unitree plans to file for an IPO by year end. And China has quietly lifted a nearly decade-old ban on K-Pop.
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