Kuaishou

With Meituan in the lead, Douyin posing a challenge, and other contenders striving to catch up, the jury is still out on the future state of China’s local lifestyle sector.

To be featured on top livestreams, merchants must pay hefty fees to multi-channel networks.

The recent offering pits Kuaishou against Douyin as short video platforms facilitate sales for retail and F&B businesses.

Major tech companies have already clashed in court over the usage of clips lifted from TV shows and video games in short videos.

Major Chinese internet companies are downsizing as losses grow.

JD Finance was penalized in July for developing the ad, which featured a lending app.

The short video company’s share price has nosedived by 80% from its peak in February.

Kuaishou is increasing user engagement, leading to more e-commerce conversion as brands flock to the platform to sell and market their products.