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
Forget About 5G, China Says. We’re Already Developing 6G
Alibaba Sued by Home Appliance Maker Over E-Commerce Marketing
WeChat Pay Eyes Foreign Visitors in Race with Alipay
LATEST
Chinese Podcast Startup Ximalaya Seeks $3.5 Billion Value
Weibo Reports 11.5% Drop in Third-Quarter Profit
China to Launch Vaccine-Tracing App Next Year: Report
Chinese Central Bank Denies Digital Currency Issuance Rumors
Chinese EV Maker Xpeng Secures $400 Million Series C Funding With Xiaomi Tie-up
China’s Starbucks Challenger Posts Piping Hot Third-Quarter Sales
Renowned Chinese Tech Veteran Harry Shum to Leave Microsoft
Two Billionaire Hikvision Directors Embroiled in Disclosure Investigation
Alibaba Eyes Nov. 26 Trading Debut for Hong Kong IPO
Vipshop Books Strong Q3 Earnings, But Investors Unimpressed
Embattled Electric Car-Maker Nio Hires Auto Analyst as New CFO
Tesla Gets Permit to Start Mass Production in China
In Unusual Move, China Investigates Supermarket Chain Acquisition Over National Security Concerns
Tencent Profits Drop 13% in 3rd Quarter
Bytedance’s News App Disciplined for ‘Slandering’ Communist Hero
Didi Apologizes After Driver Allegedly Stabs Angry Passenger
Huya Posts Solid Third-Quarter Growth as User Base Expands
Kingsoft Office Targets $660 Million as It Moves Toward Listing on New Shanghai Tech Board
Expanding Central Bank Campaign Imposes More Fines for Money Laundering
Investors Applaud SMIC and YY, Shun Huami After Latest Earnings Reports
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