Wasu Media Group, also known as Wasu Digital TV Media Group, is a Publicly Owned company headquartered in China. Founded in 1994, it employs approximately 140 individuals. Its main product is Telecoms. The company reported $1.3B in revenue as of 2024 and functions as a tier 1 media tech buyer. Operating as a Chinese state-owned media and information service enterprise based in Hangzhou, a subsidiary of the Wasu Group, it is one of China's largest cross-regional cable network operators. The company holds multiple national service licenses for IPTV, OTT (Over-the-Top) TV, and internet television. Its platform integrates traditional broadcasting with interactive digital media, providing high-definition video-on-demand, broad-band internet services, and smart home solutions to millions of households. Wasu undertakes "Smart City" and digitalization initiatives, leveraging cloud computing and AI to deliver specialized government-enterprise services and public information platforms, while maintaining strategic content and technical partnerships with both domestic broadcasters and global media entities.

2024 Revenue

Founded

1994

Headcount

135

Headquarters

China

Primary Segment

Telecoms

Ownership

Publicly Owned

News Summary:

On January 28, 2026, Huashu Group convened its 2026 annual work meeting, emphasizing implementation and practical excellence. The meeting recognized the 2025 "Most Beautiful Huashu Person," outstanding employees, Chairman’s Special Award, and General Manager’s Commendation winning units. Earlier, around January 8, Wasu Group expressed its resolve to demonstrate firm confidence, gather consensus, clarify goals, and quickly enter a state of combat. Previously, on December 30, 2025, Wasu Group published salary information for its enterprise leaders for 2024. This followed a special training session Wasu Group held on December 4, 2025, focusing on "Preventing Risks and Promoting Standardization in State-Owned Cultural Enterprises," aligning with national decisions on strengthening audit supervision.

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Wasu Media Group offers 5 products in the media and telecoms services industry. Wasu Media Group's product portfolio comprises of consumer electronics, telecoms and media and TV services.
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Wasu Media Group's revenues were $1.3B in 2024. Caretta Research has split Wasu Media Group's revenue into 5 different product categories, the largest of which is consumer broadband, which represents 60% of Wasu Media Group's revenue.
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Wasu Media Group currently holds 2 broadcasting rights for sports competitions including horse racing.

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