On September 1, China's largest original comic website U17 Comics announced that its website will be officially shut down on December 31 but will continue to provide services through Bilibili Comics in the future.
E-book reader brand BOOX announced Thursday that the company has jointly launched an "e-ink" version of the comics app owned by major Chinese video streaming platform Bilibili.
ByteDance has launched FizzoToon in Japan, an app positioned as an animation platform. The company decided to release the product in Japan is because of the country's broad animation culture.
Beijing Siyue Star Network Technology Co., Ltd., an affiliate of Youyaoqi, registered an official change with the country's Industrial and Commercial Administration.
Beijing-based internet technology firm and TikTok creator ByteDance has recently acquired cinema ticketing platform Leyinghui (Shanghai) Cultural Media Co., Ltd., and comic platform Yizhikan.
Bilibili acquired 65.5% equity of Zhejiang Yongyi Electronic Payment Co., Ltd., a licensed payment institution, for about 118 million yuan ($18.5 million).
In last week’s VC news, Kuaikan raised the biggest funding round ever in the country’s comics industry, chip maker Pingxin Technology closed a $10 million Pre-A round, while Geely’s Zeekr closed its first external financing round.
On August 27, Annie Chen, founder and CEO of Kuaikan, a comic art platform in China, announced in an internal letter that the company has received an investment of $125 million from Tencent Holdings.
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.