NewsTencent-backed Kuaishou sells USD 14 million goods via short video app in 3 daysShort video platforms are tapping into e-commerce. 2 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
A steady rise from USD 3 million in the same month a year ago. However, the app’s install base isn’t growing as fast as before. NewsTikTok and Douyin users spent over USD 11 million in-app in July2 mins read
With 12 million active users and a series of successful campaigns, TikTok has been making leaps in capitalizing on the country’s tech-savvy users. InsightsIn Vietnam, TikTok is a force to be reckoned with4 mins read
It might soon join Baidu’s content family. NewsTencent-backed “Chinese Quora” Zhihu receives USD 434 million strategic investment from Baidu and Kuaishou2 mins read
At the moment, ByteDance’s Douyin is still the most popular app of its kind. NewsTencent will invest up to USD 1.5 billion in short video app Kuaishou, putting pressure on ByteDance2 mins read
Tencent and ByteDance are locking horns on multiple fronts. NewsKuaishou becomes stickier in WeChat, tapping the social media giant’s 1.1 billion users1 min read
The losses are mainly in the US and India, while Southeast Asian countries continue to bring growth. NewsTikTok reports first-ever overall decrease in downloads2 mins read
