NewsKEY STAT | Kuaishou prepares for the biggest IPO since UberThe app saw a drop in daily and monthly active users in the second half of 2020. 1 min read
Short-video company targets e-commerce for growth, in defiance of leader Alipay. NewsByteDance unveils payment service for China’s version of TikTok3 mins read
Several high-profile ByteDance products flopped or failed to gain steam. NewsByteDance to shut down Q&A app Wukong Wenda2 mins read
The pandemic accelerated tech trends that will continue to dominate daily life in 2021. VideosVideo | Looking back on the biggest news and trends of 20202 mins read
The retail giant announced in September that it intended to purchase 7.5% of the new TikTok Global. NewsWalmart introduces TikTok livestreaming shows to US shoppers2 mins read
Douyin Huoshan and Douyin have more than 600 million daily active users. NewsFormer Didi executive joins ByteDance’s Douyin Huoshan2 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
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