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China's 'giant online cafe' Zhihu struggles to find monetisation model amid rapid growth


By the end of last year, Zhihu had more than 43.1 million cumulative content creators who contributed 315.3 million questions and answers. However, efforts to diversify its revenue streams through new functions, from live-streaming to content e-commerce, have not been very effective. SCMP
“If Google is like a borderless virtual library, and Facebook is like a never-ending school reunion, then Zhihu is like a massive cafe where millions of people pass through and exchange their views and experiences.”
That was how Zhihu founder Zhou Yuan explained the Quora-like Chinese platform back in 2014.
Fast forward to today and Zhihu – meaning “do you know” in classical Chinese – has become the largest online question-and-answer community in the country. Last week, the Beijing-based company filed an initial public offering application on the New York Stock Exchange. ....

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Chinese Twitter-like Weibo punished for overlooking pornographic content


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BEIJING, Jan 15 (Xinhua): Chinese Twitter-like social media platform Weibo received administrative punishment for failing to block the dissemination of pornographic and vulgar content on its platform, China s anti-pornography watchdog said on Friday.
According to an investigation organized by the National Office for the Fight Against Pornography and Illegal Publications, multiple registered Weibo users posted materials that contain pornographic content on the platform between December 2018 and December 2020.
The operator of Weibo, a Beijing-based Internet company, was given administrative punishment on Jan. 4 for failing to deal with such posts on the platform properly.
Over the past year, China cracked six criminal cases of disseminating pornographic and illegal information on Weibo, according to the office. ....

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