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From viral videos to dining and trips: Douyin takes a bite out of Meituan’s business

ByteDance’s Douyin expects that its no-commission structure and huge traffic from short videos can lure consumers away from incumbent platforms like Meituan and Ele.me.

By 

AJ Cortese

30 Apr 2021    8 mins read
  • The development of the three core components of the platform, including payment processing, insurance selling, and securities trading, has been completed.

    Insights

    As Ant Group grapples with regulators, TikTok owner seeks to launch online payment platform

    By Low De Wei

      

      21 Apr 2021    7 mins read

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