NewsToutiao’s Tik Tok takes off, outperforming Facebook and YouTube to become the world’s most downloaded app Its DAU, in Q1 2018, has reached 45.6 million, up 161.1% MoM. 1 min read
Bytedance is facing challenges from Chinese cyberspace administration and rival Tencent. NewsAlibaba’s flopped attempt at investing in Toutiao2 mins read
Here are some stories and ideas from the past week that you shouldn’t miss. NewsKrASIA Weekly: China’s Largest News Aggregator Toutiao Under Pressure from Cyberspace Administration2 mins read
Toutiao is reportedly eyeing to compete with Alibaba and Tencent in instant messaging tool for enterprises. NewsDeals | Toutiao Invested in China’s Google Docs-like Shimo, Paving Out Its Way to Tap into the Enterprise Services1 min read
Plus, Uber acquires bike-sharing startup JUMP. SoftBank Ventures invested $23.5 million in Singapore-headquartered IYUNO Media. NewsKrASIA Daily: China’s Largest News Aggregator Toutiao Taken Offline from Local App Stores, as Regulations on Cyberspace Tightens5 mins read
Phoenix News, NetEase News, and Tiantian Kuaibao were also taken offline from local app stores. NewsChina’s Jinri Toutiao News App Removed from Local App Marketplaces2 mins read
AcFun’s rival Bilibili priced its IPO at $11.50 per share to raise in total $483 million through a Nasdaq-listing. NewsToutiao Comes to Rescue as Anime-streaming Site AcFun Fails to Secure Alibaba Investment3 mins read
Tik Tok is a product about “loveliness”. InsightsHow Does Tik Tok Outperform Tencent’s Super App WeChat and Become One of China’s Most Popular Apps? (Part 2)5 mins read
Tik Tok is a product about “loveliness”. InsightsHow Does Tik Tok Outperform Tencent’s Super App WeChat and Become One of China’s Most Popular Apps? (Part 1)5 mins read