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Huya’s parent company and largest shareholder booked an 83.1% net income slump due to to the company’s overseas expansion effort.
The firm reached 35.4 million online music paying users, 4.4 million more than last quarter.
Since its entry in 2016, Netflix has invested more in India than any other market outside the United States.
Pay-television Astro provides its service to more than 5.7 million Malaysian households.
The lawsuit is related to hundreds of songs by the popular Chinese singer Jay Chou.
Nearly half of Douyin and Kuaishou users in China are overlapped.
Youdao’s share prices plunged 26% in its first day of trading.
Yinyuebang may also be ByteDance’s solution to acquiring rights to new music.
A regular Chinese internet user consumes over six hours of the day on digital devices.
A few months ago, TikTok rolled out in-app shopping advertisements in the US.
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