China Online Video Sector Heading For Profit by 2019 (Study)

China’s heavily loss-making online video sector could collectively break even by 2019, according to a report by financial analysts at investment bank JP Morgan. The bank describes an oligopoly consisting of a trio of domestic Chinese companies iQIYI, Youku Tudou and Tencent video, each backed by an Internet giant, Baidu, Alibaba and Tencent respectively and... Read more » Patrick Frater