Report from KPMG and Aliresearch predicts the market scale of e-commerce livestreaming will reach 1.05 trillion yuan in 2020 with a massive growth from 438.8 billion yuan last year.
Multinational ed-tech unicorn Duolingo held a media conference in Beijing on Aug. 28 to celebrate the anniversary of its entry into China.
Pandaily deep dives into a set of employment and consumption statistics to explain how e-commerce penetration is accelerating.
We have compiled a list of top 5 livestreaming apps – both entertainment and e-commerce skewed – that you must get your hands on in order to tap into this burgeoning and lucrative industry.
TikTok and Douyin owner Bytedance's valuation has risen more than 33% from around two years ago to more than $100 billion.
As short video apps and game livestreaming platforms are all jumping on the Chinese commercial livestreaming bandwagon, some of them are looking to appeal to a different demographic.
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.
ByteDance's advertising and marketing platform Ocean Engine is looking for e-commerce vendors and partners to grow its e-commerce platform on Douyin.
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.
This group purchase function will allow merchants who have completed the Douyin enterprise certification tolist and sell products through the short-video platform.
Episode 56 of TechBuzz China is all about short video, which our co-hosts comment should by now be considered one of China’s “New Four Great Inventions.” It’s sweeping the world, and has become an arena in which Chinese companies’ battle for users and revenue is extending abroad. Most of our listeners will have heard of Bytedance’s product…
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!