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There are only more than 10 people left in the Storm Group; Taobao Live has accumulated 400 million users

"Love Switch" was launched

On March 30, the final trailer for the TV series "Love Switch" was released. The drama will be broadcast on Hunan Satellite TV at 10 o'clock tonight, and Tencent Video and iQiyi will premiere on the whole network.

There are only more than 10 people left in the Storm Group; Taobao Live has accumulated 400 million users

"The Switch of Love" is an urban love drama directed by Yang Xuan and starring Xiong Ziqi, Lai Yumeng, Dong Li and so on. The drama is adapted from the novel of the same name by Bandit I Sicun, which tells the story of Zhou Yanzhao, the heir of Shenghai Group, and Zhou Xiaomeng, the host of the children's program, who grew up in the school principal from a young age, and then suffered a change of separation and finally reunited, but due to the ruse of Jiang Ze's father, who used to be the same window, a series of misunderstandings occurred.

"I Am Yu Huanshui" is finalized

On March 30, "I Am Yu Huanshui" was finalized and released, and iQiyi and Tencent Video were broadcast from April 6. The drama is starred by Guo Jingfei, Miao Miao, Gao Lu, Yue Yang, Gao Ye, Feng Hui, Zhao Da, Zhang Junyi, Ning Wentong and so on.

There are only more than 10 people left in the Storm Group; Taobao Live has accumulated 400 million users

The drama is cooperated by Noonday Sunshine and iQiyi, based on Yu Geng's (real name Wang Bing) novel "If There Is No Tomorrow", adapted by "All Is Good" screenwriters Wang Sanmao, Wang Lei father and son, directed by Sun Molong, and produced by Hou Hongliang. The original novel describes the difficult situation and mental journey of Yu Huanshui, a small person at the bottom of society, in a humorous and absurd way. Yu Huanshui was cowardly and timid, retreated and endured, and being terminally ill gave him the courage to live for himself once. After experiencing the trickery of fate, Yu Huanshui still insisted on kindness and a strong heart, he straightened his waist, lived out his dignity with righteousness, and felt happiness.

Taiwan will show a restored version of "Farewell to the King"

On March 30, Taiwanese filmmaker A Shang Entertainment announced that it would hold a special screening of the restored version of "Farewell to the King" at Weixiu Cinemas from April 1 to commemorate the 17th anniversary of Zhang Guorong's death.

YY launched the star relay live IP "Love Bean Friday See You"

On March 27, YY Live announced the launch of the first celebrity relay live broadcast variety show "Love Bean Friday See You", from April 3 to the end of May every Friday at 8 pm, the idols of Chinese idol boy bands R1SE, UNINE, X Jiu Youth League will interact with fans online in the form of relay live broadcast in the live broadcast room of "Love Bean Friday See".

"Almost in Love" released a trailer

On March 30, the LGBTQ-themed film "Almost Love" (formerly known as Shelf Life), directed by Scott Evans, Augustus Peru, Colin Donner, and Mike Doyle, was released. Does every emotional relationship have a shelf life? The film uses the different perspectives of many pairs of partners to deconstruct how emotions are reconciled in the passage of time. The film was originally scheduled to be released in North America on April 3, but it has been withdrawn due to the impact of the new crown epidemic and launched on the streaming on-demand platform.

Maoyan Entertainment established a wholly-owned subsidiary

Registered capital of 10 million

According to tianyancha data, on March 27, Tianjin Maoyan Micro Shadow Culture Media Co., Ltd., the operating entity of Maoyan Entertainment, established a wholly-owned subsidiary in Jiangsu - Jiangsu Maoyan Culture Media Co., Ltd. Jiangsu Maoyan Culture Media Co., Ltd. registered capital of 10 million, the legal representative is the company's executive director Wang Ping, the company's business scope includes radio and television program production and operation; film distribution; TV series production; performance brokerage; technology import and export. According to the shareholder information of Tianyancha, the company is wholly owned by Tianjin Maoyan Micro Shadow Culture Media Co., Ltd.

There are only more than 10 people left in the Storm Group; Taobao Live has accumulated 400 million users

There are only 10 people left in the Storm Group

Unable to undertake the preparation of performance express reports

Storm Group announced that as of now, the company's existing employees can not undertake the preparation of 2019 performance forecasts and performance express reports, and the company cannot disclose 2019 performance forecasts and performance express reports according to the requirements of relevant rules. According to the relevant regulations, if a listed company has not disclosed its annual report within two months from the date of expiration of the statutory disclosure period, the Shenzhen Stock Exchange may decide to suspend the listing of the company's shares.

Chuangmeng and CVC are considering downgrading Leyou's acquisition offer

On March 30, Bloomberg news, according to people familiar with the matter, Dreamworld and the acquisition company CVC Capital Partners are considering downgrading the acquisition offer of the joint acquisition of game industry rival Leyou. Buyers are seeking to slash their previous offers, with market turmoil and tight funding from the coronavirus pandemic being part of the reason, as well as the continued decline in Leyou's earnings, people familiar with the matter said. According to the original offer, the buyer's valuation of Leyou was about $1.4 billion. People familiar with the matter said that the buyer's negotiations with the shareholders of Leyou on the new offer are now in an advanced stage, and the two sides may not reach an agreement because the negotiations are still likely to break down.

The "Neil" series will launch a new mobile game

On March 29, at the 10th anniversary celebration of the birth of "Neil", Square Enix Company, in addition to announcing the upgraded version of "Neil: The Pretender", will also bring a new mobile series "Neil: Re[in]carnation", which is a basically free, in-app paid RPG game, landing on the iOS/Android platform, but the specific launch date has not been released together.

There are only more than 10 people left in the Storm Group; Taobao Live has accumulated 400 million users

There is not much information released about the game at present, but it can only be understood that the main lineup of the development of this game is basically the old man of the series, the game producer is Yosuke Saito and Taro Yokoo, the personnel is responsible for Akihiko Yoshida of CyDesignation, and the music is responsible for Keiichi Okabe. The game will be handed over to mobile game development company Applibot.

Taobao Live has accumulated 400 million users

In 2019, the GMV exceeded 200 billion

On March 30, at the 2020 Taobao Live Broadcasting Ceremony, Xuan De, general manager of Taobao Live, said that in 2019, Taobao Live has accumulated 400 million users. In addition, more than 1 million anchors have become Taobao live broadcast ecological partners so far, of which 177 anchors have exceeded 100 million annual GMV, 40 million goods have entered the live broadcast room, and merchants have increased by 268% year-on-year. In 2019, Taobao Live GMV exceeded 200 billion yuan, and the live GMV on The day of Double Eleven exceeded 20 billion yuan.

The net profit of 2019 was 396 million

On March 30, The 2019 annual performance report was released. During the reporting period, the operating income was 6.030 billion yuan, an increase of 27.4% year-on-year. Profit before tax was RMB503 million, down 17.4% year-on-year. Net profit was 396 million, down 16.6% year-on-year.

During the Reporting Period, the Group opened 189 new Sipping Restaurants and 54 Cobbled Restaurants. As at the end of the reporting period, 125 cities in 22 provinces and autonomous regions and three municipalities directly under the central government (Beijing, Tianjin and Shanghai) owned and operated 1,022 sipping restaurants.

Meituan-Dianping's net profit in 2019 was 4.7 billion

On March 30, Meituan-Dianping announced its fourth quarter and annual results for 2019, with the company's annual revenue increasing by 49.5% year-on-year to 97.5 billion yuan, adjusted net profit of 4.7 billion yuan, and the total transaction amount for the whole year increased by 32.3% year-on-year to 682.1 billion yuan. The financial report also disclosed the downward pressure of the epidemic on the company in the first quarter of 2020, and it is estimated that the performance or loss in the first quarter of this year will also be adversely affected in the next few quarters.

According to the financial report, the growth rate of the catering takeaway business is stable, and the cost of sales of catering takeaway increased by 35.7% from RMB32.9 billion in 2018 to RMB44.6 billion in 2019, mainly due to the increase in order volume and the increase in the cost of riders of catering takeaway. Transaction value increased by 38.9% year-on-year to MOP392.7 billion. In the in-store and hotel business segments, Meituan's revenue and transaction amount achieved excellent performance, with the transaction amount increasing by 25.6% to 222.1 billion yuan in 2019, and the revenue increased by 40.6% year-on-year to 22.3 billion yuan.

In addition, the financial report estimates that the results of the first quarter of this year will be adversely affected by the pressure of the epidemic in the next few quarters.

Qunar launches the reunion program

Large-scale online pre-sale products

On March 30, according to Qunar, Qunar joined hands with 35 provincial and municipal tourism bureaus, more than 1,000 scenic spots and 10,000 hotels across the country to launch the "Qunar Reunion" plan, and launched pre-sale products based on hotels and scenic spots on a large scale. Qunar Vice President Gou Zhipeng introduced, "pre-sale products can best reflect the confidence of passengers in the future market", since the 30th, Qunar will invest 150 million yuan worth of marketing promotion and traffic support to help hotels pre-sell.

ByteDance was invested by Tiger Fund

The market valuation has reached $100 billion

On March 30, according to foreign media reports, Tiger Global Fund invested in ByteDance, and Tiger Global Fund recently discussed the relevant shareholding transaction in a letter to investors. Tiger Global Fund said in the letter that over the past 21 months, the fund has bought ByteDance's stock with "lower multiples" of future free cash flow. In addition, Tiger Global Fund did not disclose the size of its investment. According to a number of people familiar with the matter, based on the recent trading price of ByteDance stock in the secondary market, its valuation has reached $90 billion to $100 billion. For the report, ByteDance and Tiger Global Fund declined to comment.

JD.com establishes a new trading company in Shenzhen

The registered capital is 500 million yuan

On March 30, Tianyancha data shows that Shenzhen Jingdong Sanbailu Shidu Trading Co., Ltd. was established, the company's registered capital of 500 million yuan, the company's business scope includes robot production and assembly, computer software research and development and production, sales of self-produced software products; basic software services; import and export of goods and technology and agent import and export business; sales of machinery and equipment, household appliances, electronic components, hardware and appliances, electronic products, stationery, etc., by the JD.com International Limited is wholly owned.

There are only more than 10 people left in the Storm Group; Taobao Live has accumulated 400 million users

Tencent established Industrial Win Investment Company

Invest in three fintech companies in two days

According to Tianyancha data, on March 26 and 27, Shenzhen Tencent Industry Chuangying Co., Ltd. invested in three financial technology companies in a row, namely Yingchuang Allen, Mushroom Wealth, and Today Investment, with a shareholding ratio of less than 1%. Shenzhen Tencent Industry Chuangying Co., Ltd. was established in September 2019 with a registered capital of 100 million yuan, and the company is wholly owned by Shenzhen Tencent Industrial Investment Fund Co., Ltd., one of the investment entities invested by Tencent. However, the company did not take up any projects until March this year.

There are only more than 10 people left in the Storm Group; Taobao Live has accumulated 400 million users

Tencent, Hisense and other joint ventures to establish new companies

Tencent is the third largest shareholder

According to the data of Tianyancha, shenzhen Tencent Industry Venture Capital Co., Ltd. has recently added foreign investment, and the investee is Digital Qingdao Construction Co., Ltd. Digital Qingdao Construction Co., Ltd. was established on March 26, 2020, with a registered capital of 100 million yuan, the legal representative is Yu Tao, director and general manager, the company's business scope includes technical services, technology transfer, technology research and development and digital equipment installation in the field of digital city technology. According to the shareholder information of Tianyancha, the largest shareholder of the company is Qingdao Hisense Network Technology Co., Ltd., with a shareholding ratio of 45%; Tencent Industrial Venture Capital is the third largest shareholder, with a shareholding ratio of 15%.

There are only more than 10 people left in the Storm Group; Taobao Live has accumulated 400 million users

The Tokyo Olympics will open on July 23, 2021

On March 30, the International Olympic Committee, the Tokyo Organising Committee and the Japanese government jointly announced that the 2020 Tokyo Olympic Games, which have been postponed due to the impact of the new crown pneumonia epidemic, will be held from July 23 to August 8, 2021.

Facebook invested $100 million in journalism

Support countries with severe impact from the pandemic

On March 30, according to foreign media reports, Facebook promised to invest $100 million in the global news industry to help news publishers in need. Facebook said $25 million of that will be made available to local news through the Facebook Journalism Project, while the remaining $75 million will be made available to news organizations around the world in the form of "additional marketing spend."