Now, after a decade of development and vicious competition, a slew of video platforms and short video apps have emerged at the top of the Chinese online video streaming game.
Douyin, the Chinese version of TikTok backed by ByteDance, recently introduced a new function allowing users to have video chats after they connect with each other.
Rumors that ByteDance is to launch a virtual idol group “Project V” have risen as ByteDance posted multiple job openings related to acting, live streaming, game developing and virtual idol operations.
People are flocking to all sorts of social media apps to kill time while being unable to leave their homes. Some Chinese apps have emerged as the most downloaded social media apps in India.
In this article, we’ll give a brief introduction of China’s top 3 E-commerce livestreaming platforms: Alibaba’s Taobao Live, Kuaishou (Kwai) and ByteDance’s Douyin (TikTok).
Despite Luo betraying his own brand and advertising for a competitor to repay his debts, his showmanship and flamboyant persona did the job quite well.
Late last year Chinese tech behemoth ByteDance released a beta version of its upcoming music app, Resso, with the goal of tapping the music streaming market in India and Indonesia.
This group purchase function will allow merchants who have completed the Douyin enterprise certification tolist and sell products through the short-video platform.
China’s VC activity is beginning to recuperate with a series of notable investments from ByteDance, Meituan Dianping, Matrix Partners China and others.
ByteDance has launched a hiring initiative in Singapore which recruited at least 100 employees, and has been linked with employees from other global tech giants.
ByteDance’s all-in-one work hub Lark plans to launch its independent app “Lark Doc”, which will be its second derivative app after the debut of Lark Meeting in February.
