The Shenzhen-based entertainment giant has taken about a 90% stake in Wake Up Interactive Ltd. for more than ¥5 billion ($44 million), sources said.
For Zheping Huang's latest contributions to The Japan Times, see below:
After kicking off a year ago, the regulatory push has forever changed the lives of hundreds of millions of people in China and beyond.
The world’s most valuable startup is making a bigger push into enterprise software after Beijing’s yearlong crackdown on the consumer internet.
The future of the world’s most valuable startup is unclear as Beijing's scrutiny over the Chinese tech giants intensifies.
The episode has triggered what many say is a long overdue examination of the ways Chinese women are too often treated at work.
Flush with cash from an IPO, Kuaishou is cranking up spending to close the gap with ByteDance, more than four times its size.
Alibaba has agreed to a record $2.8 billion penalty from Beijing and vowed to change certain practices deemed anti-competitive.
A burgeoning e-commerce business could help the firm surpass its $250 billion valuation when it goes public.
The ByteDance Ltd. rival has become the biggest livestreaming platform for virtual gifts, with more paying monthly users than any other in the world.
Ant Group’s late-summer IPO filing drove home why the business — backed by 711 million active users that spent $17 trillion through its platform — is headed for potentially the world’s largest stock debut. Yet investors may do well to focus on the long-term ...