Bilibili

Do Bilibili, or Xigua Video have what it takes to become China’s next major media streaming platform?

Sparkle, initially an internal tool of Bilibili, is now open to content creators, advertisers, multi-channel networks, and brands.

The tech giant was tricked by a group of Lao Gan Ma imposters.

The Hong Kong stock exchange may expect more secondary listings as Chinese companies feel the chill from overseas capital markets.

Since December, the vlogger has amassed nearly 187,000 followers and his videos on Bilibili have generated a combined 315 million views.

The firm increased its net loss to USD 76.1 million in the first quarter of this year, up 175% from last year.

Virtual idol Luo Tianyi has over 4.6 million followers and has “performed” in front of millions of live audiences.

Bilibili widened its net loss to RMB 538.6 (USD 76.1 million), up 175% versus last year’s level, amid increasing revenues.