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Company uses cloud-based AI technology to generate quick clips.

ByteDance has reduced its India team to 1,000 employees, but sources close to the company affirm that it is “very much staying put in the country with plans to make a comeback.”

RedSeer projects the Indian social commerce sector to become a USD 7 billion opportunity by 2025, contributing up to 5% to the total e-commerce market.

Little can be found online about low-key ByteDance co-founder Liang Rubo. Well, we got you covered.

Kuaishou is onboarding international vendors mainly offering cosmetics, skincare products, food, watches, and luxuries.

Kuaishou shares plunged more than 10% in Hong Kong on Tuesday as livestreaming sales disappoint.

Snapchat crossed 60 million users in the last quarter of 2020 in India, where it is deploying a three-pronged approach of localized content, games, and culturally relevant augmented reality experience

Average monthly active users only increased 30% YoY to 223.3 million.