Small Blind Boxes, Big Business
‘Life is like a box of chocolates that you will never know what you’re gonna get.’ Until recently, China’s burgeoning blind box industry was a fitting metaphor for this famous line from ‘Forest Gump.’ But the party looks poised to end with the authorities stepping in to discourage and even curb the consumption of blind box
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Aiming Regulatory Easing, Tencent Music's Q1 Revenue Downbeat with Price Rising
China's Tencent Music Entertainment posted a 15% slump in first-quarter revenue, matching expectations, but saw its shares join a sector-wide surge on Tuesday as hopes grew for a loosening of regulatory curbs on China's tech giants.
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