Tencent Music (TME) Q4: Strong in Both Business Lines, But Overvalued as Monopolist
Both Social Entertainment and Music grew strongly in 4Q2019. We believe total revenues will grow by 30% in 2020, as people are kept home by the...
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Tencent Music (TME) Earnings Preview: No Exclusive Advantage, Overvalued
Online music is no longer a monopolistic market. Short video is taking time on site from live broadcasting. Financials will be healthy in 2020,...
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ByteDance Launches Music Streaming App in an Overcrowded Indian Music Streaming Market
Following in the huge success of its Tik Tok App, ByteDance has launched a stand-alone full music streaming app in India called Resso. The app is...
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Tech Pulse: Virus Drives Traffic to Tencent Games, 'Impossible Meat' Trend Growing in China
Key Developments in China Tech: HUYA/ESL: Chinese live-streaming platform HUYA Inc (HUYA US) cancels plans to acquire stake in ESL, the world's...
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China Internet Weekly (20Jan2020): 18,000 Game Developers Bankrupt, PDD Sued in 1,765 Lawsuits
The Weekly will be suspended for two weeks and be back on February 10, as normally Chinese authorities and companies do not release significant...
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