video platform

Chinese video platform Bilibili achieves quarterly profitability for first time

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Chinese video platform Bilibili achieves quarterly profitability for first time

Chinese video-sharing and gaming platform Bilibili has achieved quarterly profitability for the first time, a key milestone it has been striving for since going public in the US in 2018. The Shanghai-based company said in a statement on Thursday that it recorded an adjusted net profit of 235.9 million yuan (US$33.6 million) during the third … Read more

TikTok tests 60-minute videos, expanding into YouTube’s territory

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TikTok tests 60-minute videos, expanding into YouTube’s territory

TikTok, the short video platform originally popular for its 15-second lip-synching content, is now testing 60-minute video uploads with certain creators, in a challenge to veteran online video giant YouTube. The feature, first shared publicly by UK-based social media consultant Matt Navarra, allows users to upload from both the mobile app and desktop, according to … Read more