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ByteDance's Douyin recently launched its home delivery service. Merchants utilizing this function can directly provide door-to-door service for consumer orders for express delivery services.
Kuaishou Technology, the operator of the second most popular short-video platform after Douyin, saw its stock tumble as much as 11.6% on Tuesday after the company reported a 7.3 billion yuan ($1.14 billion) loss the previous day.
You may have overheard two middle-aged men talking about Peppa Pig on the bus in China. Videos of people getting Peppa Pig tattoos and Peppa Pig watches are goi...
This is a groundbreaking move for the whole industry, as 'Lost in Russia' is the first ever Chinese film sold to a short video company before its release in the cinema. There are several different perspectives on the long-term implications of the move.
Chinese tech giant Tencent is planning to invest between $1 billion and $1.5 billion in short-video application Kuaishou, known outside of China as Kwai, which has a current valuation of around $25 billion.
On November 26, a judgment published on the website China Judgments Online showed that two employees of ByteDance were sentenced for bribery in the first trial court of Haidian District People's Court of Beijing.