DouYu Q2 revenue down 27%

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…

PODCAST: Endangered Cash Payments, and a TikTok Bid

KFC and others are fined after some of their outlets refuse to take cash. Is cash becoming an endangered species in China? And a group led by former L.A. Dodgers owner Frank McCourt assembles a bid for TikTok's U.S. operations. Will TikTok change its mind and decide to sell?