By March 2023, Alibaba had lost three quarters of its value from the peak in October 2020, as the e-commerce giant, once seen as China’s answer to Amazon.com, faces questions on whether it can recapture its former glory while dealing with China’s economic slowdown, regulatory scrutiny and fierce competition from old and new rivals. The … Read more
Chinese video-sharing platform Bilibili has restructured its content units and is doubling down on the live-streaming business, as the US and Hong Kong-listed company struggles to make a profit. Bilibili recently revamped its major operations department and separated multiple live streaming-related units, forming a new live-streaming centre, while also ramping up commercialisation of its content … Read more
Chinese video streaming platform Bilibili’s word of 2023 is a single-character question of shock: Ah? The word, written simply as a in pinyin, was used as an interrogative clause 13.2 million times on the platform this year, flooding viewers’ screens in Bilibili’s famed “bullet comments”, which whisk by in horizontal streams atop videos as people … Read more
