Chinese short-video company Kuaishou Technology, TikTok’s competitor, is planning to go public in Hong Kong on Feb. 5 with a target valuation of $50 billion, according to Chinese media outlet 36Kr.
TikTok and Triller rival Zynn is paving its own path. The short video sharing platform that has always embraced inclusivity and diverse content is now taking a step further to emphasize on its values.
Police in China revealed a scheme where gambling operators used fraudulent online fronts and delivery tracking numbers to create e-commerce records and disguise illegal money flows.
The Chinese short video service company BIGO is moving its servers from Hong Kong to Singapore in order to emphasize its independence from its Chinese parent company.
Kuaishou is one of China’s largest short video-sharing and livestreaming apps, which has also become a conspicuous power in China's e-commerce industry.
As TikTok seizes more territory around the world, its archrival Kuashou that so far hasn’t been as successful internationally is ramping up efforts to narrow the gap with its competitor.
In episode 67 of Tech Buzz China, hosts Rui Ma and Ying-Ying Lu discuss the ByteDance family of video apps outside of TikTok, including Xigua, Huoshan, and Pipixia.
Kuaishou launched a new short-video app, SnackVideo, to target overseas users with a recommendation algorithm that suggests user videos based on their preferences.
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.
Baidu Research announced Tuesday, April 21, the launch of an AI-powered video synthesis tool Vidpress on its short video app Haokan that will allow users to produce professional video content from URLs.
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.
Xiaomi seems to have entered the short-video field with its new app “Xi Gua Pi,” according to the official WeChat account Tech Planet.
The short-video company handed out five rounds of virtual “red envelopes” during the live broadcast, totaling a record-breaking 1 billion yuan ($144 million)
On January 23, Bloomberg reported that ByteDance was looking for a new CEO for its TikTok business. As of time of reporting, a spokesperson from TikTok refused to comment.