NewsTencent-backed Kuaishou plans to spend USD 565 million on marketing to achieve ‘300 million DAUs’Kuaishou’s latest move to compete with ByteDance’s Douyin. 2 mins read
After snagging USD 434 million from investors, Zhihu has been trying to raise its profitability. NewsBaidu and Kuaishou-backed Q&A platform Zhihu rolls out live streaming feature to speed up monetization efforts1 min read
The Chinese startup is collecting more than USD 1 billion in a pre-IPO round which targets a USD 25 billion valuation. NewsKuaishou seeks US IPO in 2020 as it gears up for overseas expansion2 mins read
Short video platforms are tapping into e-commerce. NewsTencent-backed Kuaishou sells USD 14 million goods via short video app in 3 days2 mins read
Mogu counts on its community of fashion influencers to differentiate from larger rival Taobao. Q&AChinese fashion e-retailer Mogu banks on live streaming to revive fortunes5 mins read
It continues diversifying its content types, challenging video streaming sites. NewsTikTok rival Kuaishou to spin out Zhuiya, a standalone app to host its short drama series2 mins read
It might soon join Baidu’s content family. NewsTencent-backed “Chinese Quora” Zhihu receives USD 434 million strategic investment from Baidu and Kuaishou2 mins read
At the moment, ByteDance’s Douyin is still the most popular app of its kind. NewsTencent will invest up to USD 1.5 billion in short video app Kuaishou, putting pressure on ByteDance2 mins read
Tencent and ByteDance are locking horns on multiple fronts. NewsKuaishou becomes stickier in WeChat, tapping the social media giant’s 1.1 billion users1 min read
