NewsKuaishou tests new educational short video app with 40-minute daily usage capAnd access to the app is only allowed between 6 a.m. and 10 p.m. 2 mins read
The live streaming business is Kuaishou’s main revenue source, contributing 90% of the firm’s total revenues. NewsOver 100 million users watch live streaming shows on Kuaishou every day, says the firm2 mins read
Dominance of Youku, iQiyi and Tencent Video adds to film industry’s “cold winter,” a state newspaper says. NewsAre video streaming platforms killing film studios in China?3 mins read
Tencent would own 20% of Kuaishou after the completion of the deal. NewsTencent leads Kuaishou’s USD 3 billion pre-IPO round with Jack Ma-backed Yunfeng Capital in tow1 min read
ByteDance, YY.Inc and Kuaishou expand their rivalry overseas. NewsFive of the world’s top 10 most downloaded social apps are from China: Report2 mins read
ByteDance comes in second behind Alibaba but ahead of Baidu in China’s digital media spending market by revenue. InsightsTikTok owner ByteDance becomes second-largest digital ad player in China behind only Alibaba2 mins read
TikTok also seeks to launch music streaming app in India next month. NewsIndia becomes numero uno of ByteDance-owned TikTok2 mins read
“No two services are the same,” an Instagram spokeswoman said while acknowledging that TikTok is doing “big things” in the short video format. NewsInstagram takes on TikTok, Kwai in Brazil with new video-music remix feature2 mins read
Tencent aspires to position itself as the first player in video social networking before the arrival of the 5G era. NewsTencent wants strangers to know each other while using “masks” in its new social video-calling app2 mins read
NewsDeals in brief: Temasek’s Heliconia backs Sin Chew Woodpaq, Supabase raises Series D funding, Syfe and AnyMind confirm acquisitions, and more