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Video streaming player Iflix plans for an IPO this year
The Netflix rival has chosen to go the IPO route, as opposed to raising funds privately.
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The virus outbreak has caused a spate of high-profile movies being released online.
The number of adult Indians streaming videos on mobile is projected to grow from 257 million in 2019 to 411 million in 2023.
As new revenue sources emerge, so does Telkom’s business strategy.
Netflix is committed to pouring USD 1 million for this collaboration.
There’s a bumpy road ahead for iQiyi and Tencent Video, the world’s second- and third-major video streaming services by paying user base.
Kwai has big plans for its Chinese New Year holiday campaign in 2020
By the end of 2020, China’s paid knowledge market is expected to reach USD 3.2 billion.
Managing director Marc Barnett will take over the helm to lead the company.