NewsChina has another news aggregator app to challenge Qutoutiao and Jinri ToutiaoIt’s all about the low-tier city market 1 min read
Kuaishou, the social video platform backed by Tencent, and already a unicorn startup, is targeting RMB 30 billion (USD 4.36 billion) in revenue as well as profitability this year, according to ChineseNewsDouyin competitor Kuaishou targets USD 4 billion in revenue and profitability in 20191 min read
But the move could curtail their future growth. NewsChinese short video apps Douyin and Kwai introduce feature to cut users’ screen time2 mins read
Kwai Concept’s goal is very transparent – to lure more users from first and second-tier cities. NewsTencent-backed Kwai launches new app to go after Douyin’s core users1 min read
Will Kuaishou’s new wearable tech and Tencent Weishi’s new action camera be game changers in the short-video competition? InsightsKuaishou launches Snap Spectacles-like product as Tencent Weishi gets a new action cam3 mins read
Both Jack Ma’s Yunfeng Fund and Toutiao were said to be mulling over investing in AcFun. NewsTencent-backed Kuaishou acquires AcFun amid escalating competition with Douyin2 mins read
Kuaishou is likely to be valued at USD 18 billion posts new financing round. NewsDeals | Tencent Reportedly Invests in Kuaishou, Betting on Booming Short Video Market2 mins read
It appears to be expanding into SE Asia with a potential IPO plan said to be resurfacing. NewsDeals | Short Video/Livestreaming App Kuaishou Looking at USD 1BN Financing to Get Ahead of Competition2 mins read
