iQiyi

AR glasses maker Nreal nabs $200M funding in 12 months

China’s augmented reality startup Nreal is on a roll. The company, which hopes to bring AR to the masses by making bright-color, lightweight smart glasses, has just received $60 million in a Se

Taiwan set to bar Chinese streaming services like iQiyi and Tencent’s WeTV

Two of China’s most popular streaming services, iQiyi and Tencent’s WeTV, may be barred from operating in Taiwan next month as the government prepares to close regulatory loopholes that enable

China Roundup: Huawei targets cars, ByteDance enters Tencent’s backyard

Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. This week, we have several h

With 170M users, Bilibili is the nearest thing China has to YouTube

Bilibili, a Chinese video streaming website that was once regarded as a haven for youth subculture, has been steadily making its way into the mainstream as users age up and content diversifies. The NA

App stores saw record 204 billion app downloads in 2019, consumer spend of $120 billion

Consumers downloaded a record 204 billion apps in 2019, up 6% from 2018 and up 45% since 2016, and spent $120 billion on apps, subscriptions and other in-app spending in the past year. The average mob

China Roundup: facial recognition lawsuit and cashless payments for foreigners

Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. This week, a lawsuit sparked

Tesla V10.0 car software update adds Smart Summon, Netflix/YouTube, Spotify, karaoke and more

Tesla is rolling out a new software update that adds a slew of new features to its cars. These include the new “Smart Summon” feature, which will allow cars equipped with the optional $5,0

Baidu beats estimates on strong video streaming growth

Chinese technology group Baidu on Monday posted a revenue of 26.33 billion yuan ($3.73 billion) for the quarter that ended in June, beating analysts’ estimates of 25.77 billion yuan ($3.65 billion)

Tencent’s mixed bag for Q1: record profit despite weakest revenue growth yet

Tencent, Asia’s largest tech firm, had a horrific 2018 on account of a country-wide freeze on new game monetization in China, but there’s evidence it has turned the corner. The company&#82

China’s new gaming rules to ban poker, blood and imperial schemes

Lots of news has surfaced from China’s gaming industry in recent weeks as the government hastens to approve a massive backlog of titles in the world’s largest market for video games. Last

Tencent Q4 profit disappoints, but cloud and payments gain ground

China’s Tencent reported disappointing profits in the fourth quarter on the back of surging costs but saw emerging businesses pick up steam as it plots to diversify amid slackening gaming revenu

Baidu’s video site iQiyi adds 37M subscribers in 2018 amid mounting losses

China’s Baidu, which is often compared to Alphabet’s Google, is showing no signs of slowing down its pace of betting on video content as its core advertising unit feels the squeeze from ri

Alibaba takes an 8% stake in Tencent-backed anime streaming site Bilibili

E-commerce giant Alibaba is continuing its push into the world of youth culture after it scooped up an 8 percent stake in anime streaming and game publishing company Bilibili. According to a securitie

It isn’t just apps. China’s cinemas broke records during Lunar New Year

China celebrated Lunar New Year last week as hundreds of millions of people travelled to their hometowns. While many had longed to see their separated loved ones, others dreaded the weeklong holiday a

Alibaba’s growth slows to lowest in 3 years

China’s Alibaba continues to see slowing expansion in the latest quarter, but the e-commerce giant’s effort to spur new growth from new arenas have started to bear fruit. The Hangzhou-base

China’s Nreal raises $15M to shrink augmented headsets to size of sunglasses

A former Magic Leap engineer believes the problem with most consumer-facing augmented headsets on the market is their bulky size. “You wouldn’t want to wear them for more than one hour,&#8

What China searched for in 2018: World Cup, trade war, Apple

Soon after Google unveiled the top trends in what people searched for in 2018, Baidu published what captivated the Chinese in a parallel online universe, where most of the West’s mainstream tech

Alibaba replaces video streaming boss amid anti-corruption probe

A top-level reshuffle is sending shockwaves across one of China’s biggest online video businesses. Yang Weidong has stepped down as the president of Alibaba’s video streaming unit Youku, t

China’s iQiyi to offer $500M convertible note as content costs balloon

Chinese video streaming service iQiyi is raising new cash as it feels the squeeze from surging content costs. The video business, which is owned by China’s online search giant Baidu, said on Wed

Tencent Music, China’s largest streaming service with 800M users, files for US IPO

This year has seen a number of tech companies that are majority or substantially owned by Chinese giant going public in the U.S. Baidu’s iQiyi service, Xiaomi-backed Huami and Viomi are a few e
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