From a one-man operation to 1.6 million followers, a new medium emerges
Han Zhang of the New Yorker magazine has written an article on a resoundingly successful emerging business model for the struggling world journalism. (https://www.newyorker.com/culture/culture-desk/the-post-truth-publication-where-chinese-students-in-america-get-their-news) College Daily, which now has more than 30 staffers in Beijing and 15 in New York, launched at the beginning of 2014 as a one-man operation in an apartment in Beijing. […]
Chinese tech giant Tencent Holdings Ltd.’s profits soar in 2nd quarter
BEIJING—Chinese internet giant Tencent Holdings Ltd. reported a 35-per-cent increase in second-quarter net profit, enjoying a boost from the release of popular new video games, reports Shan Li of the Wall Street Journal. (https://www.wsj.com/articles/tencents-profit-rises-35-as-new-games-hit-market-11565777387?mod=hp_lista_pos4) Tencent, the world’s largest gaming company, said Wednesday that its net profit for the April-June period rose to 24.1 billion yuan […]
