Xunlei charms market with share buyback, as global business faces slowdown
The online video company will repurchase up to $20 million worth of its shares, as it sits on a cash pile and a major investment that combined are worth more…
Zhihu looks to cutting-edge topics, offline events to beat AI
The Q&A site is trying to stay ahead of AI by focusing on leading topics where online material is still relatively rare, as well as real-world events that cater to…
Miniso gets AI investment lift, as self-developed toys look for traction
The lifestyle retailer’s first-quarter report showed impressive headline profit growth, but a closer look reveals the increase owed to stock investment gains Key Takeaways: Miniso reported its first-quarter profit nearly…
Bilibili’s ad surge illustrates new rules of China’s video market
The video platform is using AI and a maturing user base to post strong advertising growth in a weak market, but that higher monetization push is also testing its signature…
Tongcheng’s rosy report fails to discuss the worrisome elephant in its house
The online travel agent’s revenue rose 14% in the first quarter, but its latest report lacked discussion of an anti-trust probe into Trip.com, its top stakeholder and a key supplier…
Yalla eyes return to solid growth as new gaming drive revs up
The company expects to start generating meaningful revenue in the second half of this year from two new mid- to hardcore games, including an SLG title launched in April Key…
Boyaa Interactive’s ‘bitcoinization’ strategy faces Web3 reality check
Once known for its Texas Hold’em games, the company is repositioning itself as a Hong Kong-listed bitcoin play through its push into Web3 gaming Key Takeaways: Boyaa Interactive said its…
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