Zhihu to invest $223 million in AI fund
Online content community operator Zhihu Inc. (ZH.US; 2390.HK) said on Sunday it has agreed to invest 1.5 billion yuan ($223 million) in Tianjin Lisi Xingshen Equity Investment Partnership, a fund…
Tencent Music to issue $1 billion in senior unsecured notes
Online music platform Tencent Music Entertainment Group (TME.US; 1698.HK) said on Friday it plans to issue $1 billion in senior unsecured notes, consisting of $500 million of 5.05% notes due…
Bilibili’s profit jumps on growing user base, usage time
Short-video platform Bilibili Inc. (9626.HK; BILI.US) on Thursday reported its revenue rose 7.5% year-on-year to 15.41 billion yuan ($2.29 billion) in the first half of this year, while its net…
NagaCorp’s first-half profit dips as VIP revenue plunges
Cambodian gaming operator NagaCorp Ltd. (3918.HK) on Monday reported its revenue declined 8.6% year-on-year to $304 million in the first half of the year, as its net profit fell 3.2%…
iQiyi’s revenue falls 5% in the second quarter
Online video company iQiyi Inc. (IQ.US) on Tuesday reported its revenue fell 5% year-on-year to 6.29 billion yuan ($933 million) in the second quarter, as it moved ahead with its…
Strong toy sales drive double-digit revenue, profit growth at Bloks
Toymaker Bloks Group Ltd. (0325.HK) announced on Wednesday its revenue rose 32.7% year-over-year to 1.78 billion yuan ($263 million) in the first half of this year, while its profit climbed…
Huya revenue rises 11% on strong gains for game-related services
Gaming company Huya Inc. (HUYA.US) on Tuesday reported its revenue rose 11% year-on-year to 1.74 billion yuan ($258 million) in the second quarter, as a decline for its core livesteaming…
