Soul App files for IPO, riding early-mover status in AI-backed hunt for emotional satisfaction
The social platform plans to entice investors with the combination of its self-developed AI model, immersive social scenarios, and strong profitability Key Takeaways: Tencent-backed Soulgate, operator of the Soul App,…
After finding profits, Zhihu faces new questions from AI onslaught
The online knowledge community operator briefly achieved profitability in the first half of this year, but that momentum didn’t carry into the third quarter Key Takeaways: Zhihu reported its revenue…
Atour celebrates ‘Year of the Pillow’ with fluffy revenue growth
The hotel operator expects to report 35% revenue growth for all of 2025, up from a 25% forecast at the start of the year, thanks to strong performance for its…
SJM is dealt a tough hand in Macao gambling shake-up
The gaming company is shedding most of its satellite casinos and focusing on core assets in a restructuring that has taken a chunk out of quarterly earnings Key Takeaways: Bucking…
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…
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