BRIEF: iQiyi returns to revenue growth on big gains for content distribution business
Online video site iQiyi Inc. (IQ.US) reported on Thursday its revenue rose 3% year-on-year to 6.79 billion yuan ($992 million) in the fourth quarter of 2025, representing its first growth…
China Literature stuck in a print world being overwritten by video
The online literature company lost up to 850 million yuan last year, largely due to a massive charge related to its New Classics Media video acquisition Key Takeaways: China Literature…
Soaped up by its U.S. success, COL Group sets sail for Hong Kong
The company says it plans to list in Hong Kong, basking in the limelight of strong demand from American viewers for its over-the-top Chinese-style soap operas Key Takeaways: COL Group,…
BRIEF: Kuaishou’s third-quarter profit jumps as AI fuels growth
Short-video platform Kuaishou Technology (1024.HK) reported on Wednesday its revenue rose 14.2% year-on-year to 35.6 billion yuan ($5 billion) in the third quarter, while its profit jumped 37.3% to 4.49…
Rebounding Vobile explores AI, in further move from content-protection roots
The company’s revenue rose 27% in the third quarter, as it explores new opportunities from an anticipated explosion in demand for trading services related to AI-generated video Key Takeaways: Vobile…
BRIEF: iQiyi’s revenue sags as company falls back into the red
Online video service provider iQiyi Inc. (IQ.US) said on Wednesday its revenue fell 11% year-on-year in the second quarter to 6.63 billion yuan ($923 million), as it slipped back into…
BRIEF: Vobile raises $65 million through share placement
Video protection and monetization services provider Vobile Group Ltd. (3738.HK) said on Tuesday it raised HK$513 million ($65 million) by selling 138 million new shares to six or more investors…