Caixin
Caixin Global – Latest China News & Headlines

Home >

ABOUT US

CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

TRENDING
Alibaba Tech Tapped to Provide Olympic Athletes With AI Assistants
Satellite-Maker Spacety Kicks Off IPO as China’s Commercial Space Race Heats Up
China's AutoFlight Rolls Out World’s First 5-Ton eVTOL
LATEST
China's AutoFlight Rolls Out World’s First 5-Ton eVTOL
Alibaba AI App Crashes After 3 Billion Yuan Giveaway Sparks Frenzy
Satellite Chipmaker Cygnus Raises $215 Million as China Internet-in-Space Push Accelerates
Alibaba Tech Tapped to Provide Olympic Athletes With AI Assistants
Satellite-Maker Spacety Kicks Off IPO as China’s Commercial Space Race Heats Up
Beijing Humanoid Robotics Hub Raises $100 Million in First Funding Round
Analysis: Alibaba’s New Processor Shows Applications Are Key to AI Chip Success
Aerofugia Raises Nearly $150 Million to Get Flying Taxis Certified
Alibaba Pledges $432 Million in Lunar New Year AI Subsidy War
In Depth: Megvii Co-Founder Is Back Riding the Latest AI Wave
China Fines Kuaishou Unit $3.8 Million for E-Commerce Violations
Chips Drive China’s Electronics Exports
Robots Take the Stage at China’s Spring Festival Gala
Alibaba Unveils New AI Chip to Rival Nvidia’s China Offerings
ASML Expects China Revenue Drop Following Backlog-Fueled Surge
China’s Telecom Industry Stalls as Traditional Revenue Dries Up
TikTok Outage Puts New U.S. Operations to the Test
Moonshot AI Gets More Into Agents With New Model
Texas Doubles Down on China Tech Ban, Adding AI and E-Commerce Giants
Chinese GPU-Maker Challenges Nvidia in Three-Year Development Plan
China Box Office Sets Record for Labor Day Holiday

By Liu Shuangshuang and Han Wei / May 07, 2019 03:29 AM / Business & Tech

Photo: IC Photo

Photo: IC Photo

China’s movie theaters welcomed a record number of viewers during this year’s four-day Labor Day holiday as people were attracted by blockbusters such as “Avengers: Endgame.”

Box office sales surged 50% from the previous year to 1.5 billion yuan ($223 million) during this year’s extended holiday, according to a market data platform operated by Alibaba Pictures Group.

A total of 34.6 million viewers went to theaters during the holiday, up 19% from the previous year.

Disney's “Avengers: Endgame,” which is in its second week in theaters, accounted for more than 80% of China’s box office during the holiday. Ticket sales for the film totaled 1.7 billion yuan between May 1 and May 4, followed by the Lebanese drama film “Capernaum,” according to market research institute Entgroup.

“Endgame” generated more than 3.9 billion yuan ($578 million) in China as of May 5, making it the third-most popular movie in China. Globally, the film has hauled in $2.2 billion.

Related: Superhero ‘Avengers: Endgame’ Saves Luckluster China Box Office
Share this article
Open WeChat and scan the QR code