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ByteDance to wind down Nuverse, signaling exit from gaming sector

After significant investments in gaming and facing a lack of commensurate success, ByteDance appears poised to conclude its venture in the gaming sector by winding down Nuverse.

2 mins read
  • With Meituan in the lead, Douyin posing a challenge, and other contenders striving to catch up, the jury is still out on the future state of China’s local lifestyle sector.

    Insights

    In a battle between Meituan and Douyin, who will prevail?

    10 mins read

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