Bytedance

China’s tech giants are increasingly coveting entertainment assets, heating up competition for intellectual property.

A slowdown in short-video growth triggers ByteDance’s search for other monetization methods in e-commerce, on-demand services, and healthcare.

The ramifications are multifold, and may significantly reshape how Pinduoduo and ByteDance build their revenue streams and user pools.

Wary of a cybersecurity review for companies with over 1 million users, mature Chinese tech firms are being nudged towards domestic capital markets.

Alex Zhu, who created Musical.ly, plans to turn Resso into “the next TikTok,” one person familiar with the matter said.

Older shoppers are becoming more comfortable with making purchases on short-video apps while tech companies make adjustments to cater to their needs.

Involution, or neijuan in Chinese, the latest meme among Chinese white-collar workers, happens at both the societal level and organizational level.

The company was valued at USD 400 billion for new investors taking stakes in April.