Kuaishou

Tencent would own 20% of Kuaishou after the completion of the deal.

ByteDance, YY.Inc and Kuaishou expand their rivalry overseas.

“No two services are the same,” an Instagram spokeswoman said while acknowledging that TikTok is doing “big things” in the short video format.

Huya’s parent company and largest shareholder booked an 83.1% net income slump due to the firm’s overseas expansion effort.

A regular Chinese internet user consumes over six hours of the day on digital devices.

Kuaishou’s latest move to compete with ByteDance’s Douyin.

After snagging USD 434 million from investors, Zhihu has been trying to raise its profitability.

The Chinese startup is collecting more than USD 1 billion in a pre-IPO round which targets a USD 25 billion valuation.