Tag: china

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Tencent Music may be forced to sell Kuwo and Kugou services

There may be trouble ahead for Tencent Music in its homeland, although that trouble could bring some intriguing competition to China’s music streaming market. As part of a wider crackdown on technology companies, the...
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Pink Floyd launch profiles on Bilibili and Sina Weibo in China

If there’s one thing we’ve learned from our coverage of the Chinese music industry in recent years, it’s the importance of artists fully engaging with China’s social media landscape: from the biggest...
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China continues anti-competition crackdown on technology firms

Some of China’s biggest internet companies, including Tencent Holdings and ByteDance, have been put on notice of a crackdown by the Chinese government on “abuses of information and market dominance”. The...
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ByteDance withdraws one of its lawsuits against Tencent

ByteDance, the owner of TikTok and its Chinese sibling Douyin, has been tangling with fellow tech giant Tencent for some time in the courts with a series of tit-for-tat lawsuits. ByteDance has just withdrawn one of the most...
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LyricFind targets China expansion with Kanjian Music deal

LyricFind is expanding its business globally again, this time with a partnership in China with music services company Kanjian Music. The latter will be LyricFind’s sales representative in China, hunting down deals to...
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Kuaishou has 305m daily users – and now licensed music too

Chinese social videos app Kuaishou is huge: it has more than 760 million monthly active users, and 305 million daily active users. Now it has licensed music for those people to use. The company has signed a two-year deal...
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ByteDance sues Tencent in China over WeChat and QQ policies

Chinese tech giants ByteDance and Tencent have been locking horns on the app stores for some time, but now they may be heading to court. ByteDance has sued Tencent alleging monopolistic behaviour in the latter’s WeChat...
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Chinese video platform Bilibili set to reach 200m users

Bilibili began as a streaming platform for animation and gaming, but now hosts a much wider range of video, including music – and while Bilibili’s repository of buzzy, mid-length content makes comparisons to YouTube...
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Tencent Music could raise $3.5bn from secondary offering

Chinese digital music giant Tencent Music went public in 2018 with an IPO on the New York Stock Exchange. Now, however, the company may be preparing a secondary offering in Hong Kong that could raise up to $3.5bn. That’s according...
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52% of Chinese musicians don’t make any money from music

A recent report published by the Communication University of China surveyed musicians from 40 cities about their income, with the results painting a gloomy picture. 52% of musicians have no music income, and for 24% of musicians,...
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Confirmed: Chinese music streaming service Xiami to shut down

At the start of December 2020, rumours swirled about the future of Xiami, one of the established music streaming services in China. Local reports suggested that its owner, tech giant Alibaba, was preparing to shut the service...
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Rumours swirl in China about future of Alibaba’s Xiami

Xiami is the Chinese music streaming service owned by tech firm Alibaba. It's well established, but lacks the profile of Tencent Music's three services (QQ Music, Kugou and Kuwo) or NetEase Cloud Music. Now Chinese social...