Millions in China banish virus blues with online games, video apps


Online games and short video apps have shown a marketed increase in profits due to the coronavirus outbreak.

That's after thousands of Chinese nationals stuck in self-quarantine at home have resorted to them for entertainment.

Weekly downloads for ByteDance's Xigua video app has seen a 77 per cent jump between January 20 and 26, after it announced streaming the premiere of Lost in Russia for free.

Popular health and fitness apps, which livestreams fitness classes, have also seen their revenue surge by 15 per cent for the week, while Pingan Good Doctor saw downloads jump 1,186 per cent.

Investors have also seized on the trend, with shares of Chinese game publisher Tencent showing a 2 per cent jump on Tuesday, while New York, NetEase rose nearly 3 per cent.

US-listed shares in Chinese video platform Bilibili increased, so did shares of search engine Baidu and e-commerce giant Alibaba.

More from Business

Coming Up on Dubai Eye

  • Afternoons with Helen Farmer

    2:00pm - 5:00pm

    Every weekday afternoon, Helen Farmer will help you to navigate the highs and lows of life in the UAE. Stay up to date with what’s happening and where to go.

  • Off Script with Chris, Robbie & Sonal

    5:00pm - 8:00pm

    The UAE’s alternative take on news, entertainment and sport. Join Chris, Robbie and Sonal as they cut through the clutter to bring you the news, entertainment and sport stories that actually matter.

On Dubai Eye

  • How a Dubai Mum got the Burj Khalifa to light up Blue

    A Dubai-based British mother has told Dubai Eye how she got the world’s tallest building to put the spotlight on a rare genetic disorder.

  • Let's Talk about Men's Mental Health

    The Agenda hosts a panel of men who all talk about their experiences with mental health.

Business Breakfast