NewsFormer Didi executive joins ByteDance’s Douyin HuoshanDouyin Huoshan and Douyin have more than 600 million daily active users. 2 mins read
Latecomers have to be able to endure large-scale losses, says Haitong’s Natalie Wu. NewsByteDance and Kuaishou venture into China’s red-hot group-buying sector2 mins read
Platforms need to assign content moderators for every 50 online livestreaming channels. NewsChina blocks teens, unverified users from spending on livestreaming apps2 mins read
ByteDance’s e-commerce unit reportedly prefers a standalone shopping site similar to Tmall. NewsDespite a successful Singles’ Day, ByteDance faces internal divide over e-commerce strategy2 mins read
A technology advisor of President-elect Joe Biden said that it was “too early to say” what his view on TikTok might be. NewsUS TikTok ban blocked, but deal with Oracle, Walmart remains in limbo2 mins read
Approximately 86% of TikTok’s revenue came from Douyin in China. NewsKEY STAT | Tiktok and Douyin are the top-grossing apps worldwide for the seventh month2 mins read
China’s two biggest short video platforms are racing to an IPO. NewsDouyin rival Kuaishou files for Hong Kong IPO, reveals loss of over USD 10 billion in first half3 mins read
Bytedance has been investing aggressively in the online reading sector, where Tencent is already a leading player. NewsByteDance injects USD 1 billion in online publisher Zhangyue, main rival of Tencent‘s China Literature3 mins read
SoftBank’s investment vehicle steps away from winner-takes-all playbook. InsightsVision Fund’s new strategy: smaller bets, bigger returns5 mins read
