Bytedance’s total MAU reaches 1.5 billion

By Tony Xu

Jul 10, 20191 min read Bytedance said on Tuesday that its apps now have 1.5 billion monthly active users (MAU) globally as of end-June, media outlet Caixin Global reported.Why it’s important: These latest figures are a 50% increase compared with the…

Douyu doubles revenue and swings into profit in Q1

By Tony Xu

Jul 3, 20191 min read Game live-streaming platform Douyu recorded surging revenue, net profit, and strong growth in paying users in the first quarter of 2019, according to updates the company made to its US Securities and Exchange Commission (SEC) f…