Caixin
Dec 08, 2023 08:26 PM
TECH INSIDER

Tech Insider: Internet Content Kings Struggle to Keep Users Paying, China, U.S. Lead World in AI

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The total number of unicorns — startups valued above $1 billion — in the global AI sector reached 291 at the end of June. Photo: VCG
The total number of unicorns — startups valued above $1 billion — in the global AI sector reached 291 at the end of June. Photo: VCG

Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene.

China’s internet content kings struggle to keep users paying

China’s internet content industry has finally cultivated its first group of paying customers following years of heavy spending and heated competition. The challenge now is to retain them and expand the subscriber base.

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