News Snapshot:
Tencent Holdings , China’s gaming, social media, and entertainment king, has launched a new video platform that rewards users for watching videos, in a move to expand its presence among China’s vast elderly and rural populations. Pianduoduo, which literally means “lots of videos” in Chinese, was recently launched across application stores in China. A check on Wednesday showed that the app has been download over 20,000 times on Huawei ’s app store. Offering entire seasons of popular classic TV series ad-free, including mythical action-adventure Journey to West , imperial court drama My Fair Princess , and historical spy thriller Sparrow...
