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streetAsia's premium subscription service Unlock your competitive advantage in a rapidly evolving landscape. Our packages come with exclusive access to archive content, data, discount on summit tickets & more. Be a part of our growing community now. SUBSCRIBE NOW Singapore Reporter/s In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of f...

Exclusive: China's Bilibili in talks to buy 24% stake of games maker Yoozoo - sources Julie Zhu , By Julie Zhu HONG KONG (Reuters) - Chinese online video site Bilibili is in talks to buy a 24% stake and the headquarters building of Yoozoo Games as part of a deal worth nearly 5 billion yuan ($765 million), two people said, as it seeks to expand in the world's top gaming market. Bilibili is in talks on the deal with Xu Fenfen, chairwoman of Yoozoo, the video game company that is also known as Youzu Interactive, said the two people and another person with di...

This Week in Apps: Clubhouse clones, WWDC21, apps have their best-ever quarter Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry is as hot as ever, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. And in the U.S., app usage surged ahead of the time spent watching live TV. Currently, the average American watches 3.7 hours of live TV per day, b...

Bilibili ups the ante in games with $123 million investment in TapTap Competition in China’s gaming industry is getting stiffer in recent times as tech giants sniff out potential buyouts and investments to beef up their gaming alliance, whether it pertains to content or distribution. Bilibili, the go-to video streaming platform for young Chinese, is the latest to make a major gaming deal. It has agreed to invest HK$960 million (about $123 million) into X.D. Network, which runs the popular game distribution platform TapTap in China, the company announced on Thursday. Dual-listed in Hong Kong...

Steam Sale Makes Popular Game Just $0.50 The new Steam sale discounts a metric ton of PC games, including Muse Dash, which is currently 83 percent off, meaning it's just $0.50. That said, it's only this price for a limited time, or more specifically, until February 18. After this, it will return to its normal price. For now, though, the popular rhythm game is one of the cheapest prices it's ever been. Over on Steam, Muse Dash boasts an "Overwhelmingly Positive" Steam User Review rating with 96 percent of reviewers reviewing the game positively across more than 24,600 reviews. Developed by P...