NewsKuaishou restructures business to reboot operations after slowed Q2The short video company’s share price has nosedived by 80% from its peak in February. 2 mins read
After regulators stepped in, Alibaba and Tencent are dissolving protectionist features. NewsMajor tech companies in China unbrick walled gardens to integrate rival payment services2 mins read
The new education-focused video app, Xiao Qu Xing, will have a 40-minute view time limit. NewsByteDance caps screen time for young Douyin viewers, rolls out new educational video app2 mins read
Lightricks’ suite of tools includes Facetune2, Facetune Video, and Videoleap. NewsIsraeli app developer Lightricks secures USD 130 million at USD 1.8 billion valuation3 mins read
The term “Gen Z” takes on a slightly different meaning in China compared to other parts of the world. News9 takeaways about Gen Z consumers from Cyanhill Capital’s 2021 mid-year consumption report4 mins read
Hits to the fandom economy will reshape entertainment platforms. NewsHere’s how entertainment platforms are responding to China’s curbing of ‘excessive fan culture’3 mins read
Kuaishou is increasing user engagement, leading to more e-commerce conversion as brands flock to the platform to sell and market their products. NewsKuaishou’s stickiness spurs e-commerce in second quarter2 mins read
ByteDance and Tencent have an embittered history of wrangling over exclusive intellectual property. NewsDouyin removes 8,000 videos after latest copyright infringement lawsuit from Tencent2 mins read
State agencies now hold 1% share and board seat at domestic unit. NewsChinese government builds stake in unit of TikTok-owner ByteDance3 mins read
NewsDeals in brief: Osome extends Series B round, Kasagi Labo lands pre-Series A funding, Husk bags USD 5 million from Mekong Capital, and more