ENTERTAINMENT Volanews

INDIA Startups TrueFan

India TrueFan Raises $4.3M in Seed from Mayfield India, Saama Capital, And Ronnie Screwvala TrueFan claims that it caters to the everyday Indian audience who’ve grown up enacting dialogues from Bollywood movies, copied hairdos of their beloved ‘heroes’ and ‘heroines’ or turned into bathroom-singers with their favourite love songs.

by YourStory

2020-08-28

SOUTH AFRICA Startups Sea Monster

Cape Town-Based Sea Monster Bags $1-Million Investment Sea Monster was born out of the desire to use games, VR, and AR technology as an instrument for change to develop new and advanced methods of communication and education solutions for corporations.

by ventureburn

2020-07-21

CHINA ENTERTAINMENT BYTEDANCE

Tiger Global acquires stake in Bytedance through secondary transactions ByteDance has emerged as the world’s most valuable startup on the explosive popularity of its short video entertainment app TikTok.

by entrackr

2020-03-31

NIGERIA ENTERTAINMENT MePlaylistTM

African Music Streaming Startup Secures Investment From Father Of Beyoncé & Solange MePlaylistTM claims to be a 100 percent African solution to music consumption and promotion.

by WeeTracker

2020-03-31

CHINA ENTERTAINMENT IReader

China’s Baidu invests $100m in SH-listed e-reading app developer IReader IReader operates as a mobile reading distribution platform that delivers digital content, e-reading apps, and other value-added services to more than 150 countries and regions worldwide.

by DealStreetAsia

2020-03-19

CHINA ENTERTAINMENT TENCENT MUSIC

China’s Tencent Music beats revenue estimates as paying users surge The company’s music streaming service added more paying users, its results showed, sending its shares up 3% in U.S. extended trading.

by Reuters

2020-03-17

CHINA ENTERTAINMENT BYTEDANCE

ByteDance’s founder Zhang Yiming to focus on global expansion after firm’s management restructure The startup expects to nearly double its global headcount to 100,000 by the end of 2020.

by kr-asia

2020-03-16

CHINA ENTERTAINMENT BYTEDANCE

ByteDance announces China leaders, targets 100,000 global headcount ByteDance appointed new heads for its China business and set a goal to nearly double its global headcount to 100,000 by the end of the year.

by DealStreetAsia

2020-03-13

CHINA ENTERTAINMENT BYTEDANCE

ByteDance goes on Singapore hiring spree, poaching Facebook and Google employees The firm plans to set up its new ad network center in the city-state to target the Southeast Asian market.

by kr-asia

2020-03-13

CHINA ENTERTAINMENT BYTEDANCE

Chinese entertainment company Mountain Top raised the sole investment of 180 million yuan in series B funding from Bytedance After the investment, Mountain Top will start a comprehensive strategic cooperation with Bytedance.

by Jeremiah

2020-03-12

CHINA ENTERTAINMENT Laihua Digital

Puwei Capital invests in Chinese short-video making platform Laihua Laihua will continue to innovate the platform and introduce copyright content.

by DealStreetAsia

2020-03-12

CHINA GAME BYTEDANCE

ByteDance prepares release of its first self-developed casual mobile game Warrior Girl Parkour is a three-dimensional parkour mobile game in which characters can run, jump, slide, and ride walls.

by kr-asia

2020-03-10

INDIA ENTERTAINMENT TikTok

After TikTok’s Success, Bytedance Brings Resso Music Streaming App To India Resso is also offering free and paid models in India.

by Inc42

2020-03-05

NIGERIA ENTERTAINMENT Netflix

Netflix Continues African Affair By Setting Up Shop In Nigeria Where It Will Invest In More Originals Barely 24 hours after setting up an official Twitter account and announcing its presence in Nigeria with a picture that featured some of the A-Listers in the Nigerian film industry.

by WeeTracker

2020-03-03

INDONESIA ENTERTAINMENT Visinema

Intudo Ventures leads a US$3.25M Series A investment into Indonesia’s Visinema Visinema said it plans to use the funding to build capacity in animation production, enhance talent acquisition, and drive international expansion.

by e27

2020-02-27

CHINA ENTERTAINMENT KUAISHOU

Kuaishou Heightens Strategy to Reach 300 Million DAU by Chinese New Year Kuaishou’s goal of reaching 300 million daily active users (DAU) before the Chinese New Year has been further heightened.

by pandaily

2020-02-24

SOUTH AFRICA ENTERTAINMENT MultiChoice Group Limited

South African Pay-TV Operator, MultiChoice, Announces Special Innovation Fund The MultiChoice Innovation Fund has been established to assist small businesses in the video entertainment industry and technology sectors.

by WeeTracker

2020-02-21

INDIA ENTERTAINMENT JioSaavn

Reliance Invests $19.6 Mn In JioSaavn To Take On International Competition Reliance picked up 10K equity shares in JioSaavn

by Inc42

2020-02-19

INDIA ENTERTAINMENT Kuku FM

Vernacular audio startup KukuFM raises $5.5M in Series A round led by Vertex Ventures With this fresh round of funding, vernacular audio startup Kuku FM plans to widen the scope of its audience by increasing the number of languages on its platform.

by YourStory

2020-02-07

INDONESIA ENTERTAINMENT Telkom Indonesia

Telkom Indonesia’s Faisal Djoemadi and Joddy Hernady on blocking Netflix and monetization from video games As new revenue sources emerge, so does Telkom’s business strategy.

by kr-asia

2020-01-20