After 14 years of losses, Zhihu finds an answer to its profitability question
The company, sometimes called the Quora of China, is banking on growth from a new AI tool to improve expert-supplied answers to user questions Key Takeaways: Zhihu reported its first-ever…
BRIEF: CATL gets Chinese regulatory nod for Hong Kong listing
Leading electric-vehicle (EV) battery maker Contemporary Amperex Technology Co. (300750.SZ), or CATL, received a listing approval notice from the China Securities Regulatory Commission (CSRC) on Tuesday — a necessary step…
DouYu swims away from livestreaming in search of fresher waters
The company’s stock jumped 17% after it reported strong progress in moving beyond its legacy livestream gaming business, even as its quarterly loss swelled Key Takeaways: DouYu’s fourth-quarter revenue sank…
NEWS WRAP: DouYu names new CEO, declares massive dividend to entice investors
The livestream gaming platform unveiled new leadership more than a year after the arrest of its CEO, in a bid to overcome challenges on multiple fronts By Teri Yu Online…
FAST NEWS: BlackRock reduces Kuaishou stake to below 5%
The Latest: Asset manager BlackRock disclosed it sold about 7.8 million shares of Kuaishou Technology (1024.HK) on Oct. 24, reducing its stake in the video site from 5.05% to 4.84%, according…
FAST NEWS: Kuaishou punishes anti-Japanese accounts
The Latest: Short-video platform Kuaishou Technology (1024.HK) announced on Saturday that it has penalized more than 90 accounts whose owners posted untrue and harmful information that incited confrontation between China and Japan.…
Is DouYu swimming towards being acquired?
The livestreamer’s business continued to deteriorate in the second quarter, as it remained without long-term leadership after the arrest of its chairman and CEO last year Key Takeaways: DouYu’s revenue…
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