Inkeverse ditches micro-dramas in face of AI challenge, tries out data centers
The company, formerly known as Inke, was China’s second largest livestreaming platform in 2017 before launching apps for social networking, dating and micro-dramas Key Takeaways: Inkeverse is dropping its micro-drama…
Huya revenue rises 11% on strong gains for game-related services
Gaming company Huya Inc. (HUYA.US) on Tuesday reported its revenue rose 11% year-on-year to 1.74 billion yuan ($258 million) in the second quarter, as a decline for its core livesteaming…
Be Friends profit up 65% on AI livestreaming boost
Livestreaming e-commerce and new media marketing company Be Friends Holding Ltd. (1450.HK) forecast on Wednesday it would report a net profit of 86 million yuan ($12.7 million) to 93 million…
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…
Multi-channel networks shift as traffic growth peaks
China’s MCN operators are moving from a focus on key influencers to content efficiency, with overseas expansion and AI reshaping the sector’s growth LeadLeo Research Institute China’s livestreaming e-commerce…
Be Friends charts new path without famous founder
The livestreaming e-commerce company’s revenue rose 8.7% in the first half of 2025, as it uses a matrix-based operation model and AI to rebuild after losing its popular lead host…
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…