TikTok, a short video platform also known as Douyin in China, now has over 200 million daily active users (DAU) and more than 400 million monthly active users (MAU) in China, according to Zhang Fuping, the vice president of TikTok’s parent company ByteDance.
Inke Inc. welcomed its first trading day on July 12 on the Hong Kong Stock Exchange, starting with a 40 percent surge on its share price within the first 15 minutes.
In the first half of 2018, eight live-streaming platforms in China raised approximately 10 billion yuan (US$11.6 billion). Among them, leading platforms HUYA Inc. and Douyu TV account for nearly 70% of the total.
Earlier this month, Tencent sued Bytedance, better known as Toutiao, for 1 RMB and Toutiao fought back by suing Tencent for 90 million RMB. What sparked the feud between the David and Goliath of the Chinese tech world? Listen to this week’s episode of TechBuzz China by Pandaily to find out!
Douyin, the most popular short-video platform, announced on June 12 that its number of domestic daily active users (DAU) has exceeded 150 million.
Check out this week’s newsletter about some intriguing BAT news and many more.
A new HTML5 campaign video of “Night at the Museum” by Douyin, or Tik Tok as its international version is called, encountered an unusual social media ban after its launch on May 18.
Ma Huateng, the CEO of the Chinese Internet giant Tencent Holdings, was in the news recently for the screen shot of his altercation with Bytedance CEO on the latter’s WeChat Moment.
The latest craze: Peppa Pig “Check this out!” It was our friend Xue. Approaching our table in the restaurant, she lifted her right arm and flashed a pink object on her wrist excitingly. “What the heck is this?!”
“I regret not having entered into China’s market earlier. Now, I can hear vibrating sounds everywhere making me uncomfortable,” said Louis Yang, founder of Musical.ly, a social network with short-form videos, on October 10 at the GGV Evolving Lifestyle Conference.