Bytedance

ByteDance, the app’s Chinese parent company, is discussing alternatives to a sale of TikTok’s entire US operation, The Wall Street Journal reports.

Haokan, which is similar to Baidu’s Xigua, had 110 million daily active users as of last November.

Weishi launched its Chinese Farmers’ Harvest Festival Shopping Season in a bid to get more farmers selling their produce on the the platform.

TikTok’s recommendation algorithm is its secret sauce and this is what its prospective buyers are after.

SoftBank has held discussions with India’s two largest telecom operators for buying out TikTok India in August.

Following TikTok’s ban in India, these local alternatives are hoping to seize the opportunity.

As Chinese brands go global, regulations at home and abroad may impede their operations.

The deal will see Huanxi’s new drama series and movies release on Bilibili.