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…
iDreamSky merges ‘shoot-em-up’ and anime in self-made play for profits
The gaming company raised money via share placements three times in the last year as it bets on its self-developed ‘Strinova’ to lead it back into the black Key Takeaways:…
China’s fading box office delivers rare profit-booster for Imax China
After a lackluster performance last year, the big-screen movie company returned to profit growth in the first half of 2025 on the back of box office blockbuster ‘Ne Zha 2’…