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Tencent-backed Kuaishou acquires AcFun amid escalating competition with Douyin

Both Jack Ma’s Yunfeng Fund and Toutiao were said to be mulling over investing in AcFun.

2 mins read
  • Kuaishou is likely to be valued at USD 18 billion posts new financing round.

    News

    Deals | Tencent Reportedly Invests in Kuaishou, Betting on Booming Short Video Market

    2 mins read

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