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Douyin competitor Kuaishou targets USD 4 billion in revenue and profitability in 2019

Kuaishou, the social video platform backed by Tencent, and already a unicorn startup, is targeting RMB 30 billion (USD 4.36 billion) in revenue as well as profitability this year, according to Chinese

1 min read
  • But the move could curtail their future growth.

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    Chinese short video apps Douyin and Kwai introduce feature to cut users’ screen time

    2 mins read

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