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August 13th | What's Trending in China

East Goes Global | What’s Trending in China

Thursday, August 13th, 2020


Welcome to our Weekly Rundown!

🇨🇳 What's Trending in China, Weekly 🚀

by Joseph Chan - Shenzhen, China

1) Our friends over @ Tencent & Universal Music Group have extended their licensing agreement AND launched a joint label! Andrew Spalter, founder of East Goes Global, lended a quote for this TechCrunch piece saying, “This partnership further legitimizes China as the fastest-growing music market in the world. The overall resistance in tapping into and collaborating within China’s music ecosystem is no longer an option for those who want to succeed on a truly global scale.”

2) The US government’s ban on WeChat may cause iPhone annual shipments to drop by 25%-30%.

3) Virtual fitness becomes the new landscape in the fitness industry due to the Covid-19 pandemic.

4) Pinduoduo, the largest interactive e-commerce platform in the world, joined forces with Singapore’s A*STAR on pesticide testing.

5) Twitter is looking at the possibility of partnering with TikTok.

6) Tencent, the world’s largest publisher of games, announced a proposal to consolidate

Douyu and Huya, the competing live-streaming video games sites.


Have a great rest of your week!

East Goes Global

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