East Buy turns Douyin setback into publicity coup
The livestreaming company found itself in the spotlight when one of its Douyin channels was blocked, and seized the chance to promote its own e-commerce platform Key Takeaways: East Buy…
FAST NEWS: Live-streamer Scienjoy’s Revenue Grows But Profit Slumps
The latest: Livestreaming platform operator Scienjoy Holding Corp. (SJ.US) reported Thursday its revenue rose 28.8% in the second quarter to 507 million yuan ($75.6 million), while its net profit dropped 26.8% 67.4 million…
Is Koolearn’s Stock Surge on Boom in Livestreaming Business Just a Blip?
Gamble by tuition platform to transform into a livestreaming e-commerce business appears to have paid off, with sales booming and shares climbing more than sixfold in a week Key Takeaways:…
Bilibili Gains More Paying Users But Has Work To Do on Cost Control
The video-sharing platform Bilibili reported a sharply wider loss, raising concerns about its ability to contain costs (more…)
Huafang Hopes ‘Internet Bad Boy’ Backing Will Bring Investors Streaming to Its IPO
The second-tier livestreaming platform has applied to list in Hong Kong for a second time, as its business bounces back from a difficult merger Key Takeaways: Huafang Group posted 4.6…
