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In the past decade, the company has raised around USD 900 million in capital.

The retail giant announced in September that it intended to purchase 7.5% of the new TikTok Global.

“The internet industry is not a place outside the anti-monopoly law,” said the State Administration for Market Regulation.

The fresh investment would value ByteDance at USD 180 billion.

Disney+ entered India in early April through Hotstar and garnered about 18.5 million paying user by September-end.

Bigo is not for sale, an insider tells 36Kr.

Douyin Huoshan and Douyin have more than 600 million daily active users.

VSPN’s lofty ambitions are riding on the popularity of e-sports among young people worldwide.