Hou Xiaonan, President of China Literature and Vice President of Tencent's online video division, has reportedly begun to serve as the general manager of Tencent's Animation and Comics Department, reporting to firm COO Mark Ren.
The main part of Tencent Pictures will be adjusted from PCG (Platform and Content Business Group) to CDG (Enterprise Development Business Group).
Consumer-grade robot brand Robosen has recently completed a B+ round of financing, which was led by Cedarlake Capital, followed by Rencent Capital and Lightspeed China Partners.
On August 23, Kuaikan, the largest comics platform in China, announced the completion of a $240 million financing deal, with investors including CCB International, One Store, Tencent, Coatue and Tiantu Capital.
2019 was a bumper year for Chinese animated movies. Here are some recommended ones from Pandaily.
Many highly anticipated Chinese films have announced their withdrawal from the cinema amid the peak Spring Festival season due to the recent coronavirus epidemic outbreak.
Kuaishou, one of China’s most popular video apps, confirmed on Tuesday that it has completed the purchase of AcFun to fully own China’s largest online video hosting platform.
A well-known ACG (Animation, Comic and game) Danmaku website Bilibili.com was listed on NASDAQ, bringing pressure on its competitor, AcFun. The success of the video platform embodies the blossom of generation Z and ACGN culture in China.
Dargaud Group, Europe’s largest animation group, announced on March 5 that it will accelerate growth in the Chinese market by developing theme parks. Shanghai Dragon Deity Group is Dargaud’s strategic partner in China.