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.
Hello Group takes ‘Cyrano approach’ in bid to rekindle China’s dating interest
The leading dating app has launched an AI-backed function that advises people on what to say to prospective dates, as it tries to return to revenue growth after five years…
BRIEF: iQiyi’s revenue sags as company falls back into the red
Online video service provider iQiyi Inc. (IQ.US) said on Wednesday its revenue fell 11% year-on-year in the second quarter to 6.63 billion yuan ($923 million), as it slipped back into…
Second-quarter box office blues dampen diversifying Maoyan
China’s leading movie ticket seller’s profit tumbled in the first half of 2025, as the nation’s box office sputtered after a strong start to the year Key Takeaways: Maoyan warned…
Xunlei rediscovers its ‘thunder’ with return to video roots
The provider of cloud and video services’ revenue rose 30.6% in the second quarter, boosted by an 86% rise for its livestreaming services Key Takeaways: Xunlei’s stock is up more…
Yalla kicks off new chapter with new midcore games
The Middle Eastern social media and gaming company plans to launch its first two midcore games this quarter, with another self-developed ‘roguelike game’ to follow Key Takeaways: Yalla revealed it…
Wynn Macau bets on concerts as a winning strategy
After missing the mark with its quarterly earnings, the Macao casino operator is building a big entertainment complex as an added draw for tourists Key Takeaways: Disappointing gaming results from…