37 Interactive Entertainment 

Indonesia's President-elect Prabowo Visits China For Three Days

Tencent releases fourth quarter and full-year financial report for 2023

On March 20, Tencent released its fourth quarter and full-year financial reports for 2023.

ByteDance announces re-incubation of gaming business

After four months, ByteDance once again released game business updates.

Kingnet online VR game Mecha Party is available on PlayStation North America

On March 8, the VR game "Mecha Party" developed by Kingnet(Kingnet Network Co., Ltd.) officially launched on the PlayStation North American server and Steam platform.

ByteDance’s revenue in the third quarter of 2023 is US$30.9 billion

ByteDance’s revenue in the third quarter of 2023 is US$30.9 billion, and TikTok’s e-commerce business brings continued growth.

SFC’s application for listing on the ChiNext board has been approved

SFC’s (SFC Holdings Co., Ltd.) application for initial public offering of shares and listing on the ChiNext has been approved by the ChiNext Listing Committee of the Shenzhen Stock Exchange.

China's Domestic Games Earn USD 17.3 Billion in Overseas Sales in 2022

The rapid overseas expansion of Chinese domestically-produced games is gaining momentum.

Belt and Road Summit Kicks Off in Hong Kong, Signaling Robust Trade Aspirations

Pawlik Expands its Presence with New Regional Hub in Singapore

Singapore, July 2023 - Pawlik, one of Europe’s leading human-centric consulting firms, is thrilled to announce the opening of its new regional hub in Singapore.

ChinaJoy to Kick Off on July 28, Focusing on Globalization of Chinese Games

The 20th ChinaJoy（中国国际数码互动娱乐展览会）, an international digital interactive entertainment exhibition, will be held from July 28th to July 31st at the Shanghai New International Expo Center. The event will feature multiple exhibitions and conferences focusing on key themes such as the globalization and internationalization of China's gaming industry. It is reported that nearly 500 companies from 22 countries and regions will participate in this year's exhibition.

Pawlik Expands its Presence with New Regional Hub in Singapore

Singapore, July 2023 - Pawlik, one of Europe’s leading human-centric consulting firms, is thrilled to announce the opening of its new regional hub in Singapore.

Honor of Kings Reclaims No.1 in Global Mobile Game Revenue for June

Appmagic, a mobile application market research organization, recently announced the June global mobile game revenue list.

Cainiao is Launching Local Express Self-Operated Business in Spain

TikTok service provider DidaDog raises CNY tens of Mn in Pre-A round financing

On April 20, TikTok e-commerce data service platform DidaDog announced the completion of CNY tens of million yuan in Pre-A round financing.

TikTok Hired Tens of Thousands of Reviewers to Deal With Offensive Content

Douyin and Tencent Video reach copyright cooperation，is the farce over?

On April 7th, Douyin (the Chinese version of TikTok) and Tencent Video (a Chinese counterpart of Netflix), the leading short and long video platforms in China, announced their cooperation to explore long and short video mutual promotion and short video re-creation. Currently, cooperation mainly dictated Tencent Video's opening up of long video copyrights to users from Douyin and its affiliate platforms (Xigua Video and Toutiao) so the users can re-create short video contents.

GoGlobal Committee of 100 Launches to Boost Chinese Companies’ Global Expansion

Under the backdrop of China's active promotion of high-level opening-up and the trend of going global, the "GoGlobal Committee of 100" (GGC100), led by the renowned think tank EqualOcean, was officially launched recently.

Dream Blossom Receives CNY 400 Million in Series C Financing

The VR industry is transitioning to the MR era.

Chinese Entertainment Group Yue Hua Entertainment to List on HKSE

The issue price fell to HKD 4.08 from the previously expected range of HKD 6.8 to HKD 8.5, and the IPO market cap dropped from HKD 70 billion to HKD 3.4 billion to HKD 4.4 billion.

Huafang Group, a Chinese Veteran Live Platform, Lists on HKSE Successfully on 12 Dec.

The entertainment industry in China is recovering steadily.