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TikTok owner ByteDance becomes second-largest digital ad player in China behind only Alibaba

ByteDance comes in second behind Alibaba but ahead of Baidu in China’s digital media spending market by revenue.

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  • Alibaba now controls a 50% stake of the company.

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    Alibaba’s latest move in new retail: Investing in milk delivery startup Tianxianpei

    2 mins read

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