NewsQutoutiao works on two short-video apps to take on Douyin, KuaishouThe US-listed Chinese startup counts on short-form videos for further growth. 2 mins read
Services like food and grocery delivery, online pharmacy may get included in e-commerce guidelines. NewsIndia to bring more digital services under e-commerce ambit2 mins read
Only 15% of teenagers make public posts on the Tencent-owned platform. InsightsTeens are shunning WeChat, showing shifting tastes in Chinese social media4 mins read
The Chinese startup is collecting more than USD 1 billion in a pre-IPO round which targets a USD 25 billion valuation. NewsKuaishou seeks US IPO in 2020 as it gears up for overseas expansion2 mins read
With over 500 million monthly active users in 154 countries, TikTok is rethinking its future. NewsTikTok prioritizes US, Japan, India in global push, but ditches UK2 mins read
Tencent tries to curb the expansion of rivals like ByteDance and Kuaishou. NewsTencent folds game live-streaming investees Huya and Douyu under one roof to avoid sibling rivalry2 mins read
Short video platforms are tapping into e-commerce. NewsTencent-backed Kuaishou sells USD 14 million goods via short video app in 3 days2 mins read
It continues diversifying its content types, challenging video streaming sites. NewsTikTok rival Kuaishou to spin out Zhuiya, a standalone app to host its short drama series2 mins read
TikTok, which competes with Facebook as well in India, claims it has 200 million users. NewsSharechat removes video content over TikTok’s exclusivity claim2 mins read
NewsDeals in brief: Indonesia’s Skor confirms pre-Series A round, MetAI raises seed funding, latest China deals, and more