NewsSoftBank presses Vision Fund companies to seize IPO chanceShares hit 21-year high on hopes for profitable divestments in bull market. 3 mins read
VerSe plans to bring more local language content on the platform, enhance AI and ML capabilities, and develop tools for content creators. NewsDailyhunt’s parent VerSe raises USD 200 million in two months for its short video app3 mins read
The world’s first short video stock reached a market cap of USD 179 billion. NewsKEY STAT | Kuaishou jumps nearly 200% in Hong Kong debut1 min read
Experts weigh in on the clash between the Chinese tech giants. NewsByteDance’s Douyin sues Tencent, claiming antitrust violations2 mins read
Kuaishou is more of a social community, while chief rival Douyin functions like a media and entertainment platform. Visual StoriesBIZ IN GRAPHICS | How Kuaishou and Douyin make a business out of short videos2 mins read
In the second half of last year, India banned over 250 Chinese apps including TikTok, Vigo, Likee, and PubG citing cybersecurity concerns. NewsTikTok and others mull over taking Indian government to court over the ban on Chinese apps3 mins read
The app saw a drop in daily and monthly active users in the second half of 2020. NewsKEY STAT | Kuaishou prepares for the biggest IPO since Uber1 min read
Although group-buying has been around in China way before the COVID-19 pandemic, the sector enjoyed renewed popularity thanks to social distancing measures. VideosVideo | China’s tech companies are greengrocers now1 min read
Short-video company targets e-commerce for growth, in defiance of leader Alipay. NewsByteDance unveils payment service for China’s version of TikTok3 mins read