Chinese social media giant Tencent said Friday that it has set up Penguin Pictures (Shanghai), a new movie production unit. The company will focus on online drama and make minority investments in…
Chinese stock markets crashed again on Tuesday. The benchmark Shanghai Composite Index dropped by 6.2%.
Huayi Brothers, China's largest private-sector film company, has sold $560 million of new shares to a quartet of institutional and corporate investors, including Alibaba and Tencent.
Rival Internet firms both to provide finance and content to Li Ruigang's Whaley Technology.
Tencent, China's social media giant, saw net profits rise by 15% to $2.32 billion (RMB14.2 billion) in the six months to June that marked the first half of its financial year. In the second quarter…
Dalian Wanda Group has given a launch to the e-commerce site with which it intends to compete with market leader Alibaba.
A number of former employees of Chinese Internet giant Tencent have been detained by police in connection with bribery allegations.
John De Mol's Dutch powerhouse Talpa and Chinese online giant Tencent have joined forces on their first reality format "The 15 of Us."
Subscriber data from iQIYI and Alibaba's plan to enrich its Internet Plus roster underline the obstacles to penetrating China's SVoD market
Loss-making Alibaba Pictures Group now the most valuable film company in China
U.S. entertainment lawyer Lindsay Conner predicts more cross-Pacific deals as the getting to know each other phase is over.