Tencent Weishi

China’s largest online classifieds platform’s post-privatization future is uncertain, while analysts hint at “home” relisting option.

The press conference will be held in the form of videoconference and livestreamed via a mini app on WeChat, also broadcast live by state media CCTV.

Bytedance is a latecomer in the IoV sector filled with players including Alibaba, Tencent, and Baidu.

Despite record earnings, the ubiquitous giant faced a series of challenges in 2019 and began testing a new corporate strategy.

ByteDance, the short-video giant, has yet to prove its ability in making and managing heavy games.

The move comes after WeChat founder’s Allen Zhang announced a string of new upcoming features two weeks ago.

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

WeChat opens up to more short-form video