Kuaishou has recently revamped its overseas business strategy, setting up targeted ventures in various regions including Southeast Asia and Latin America.
ByteDance's Douyin, the Chinese mainland version of TikTok, has recently launched an "interest matching" function, which focuses on socializing based on short video content.
Beijing-based technology firm and TikTok owner ByteDance has launched a new hardware device called the "Lingjing Livestreaming All-in-One Machine," as well as a corresponding "Lingjing" app.
Kuaishou and Suzhou's Municipal Government have recently signed a strategic cooperation agreement that will see future investment in high-quality resources promote the settlement of Kuaishou's e-sports headquarter in Suzhou.
Pinduoduo, the e-commerce upstart that has ascended at meteoric speed to challenge the market incumbents, may be starting to feel the effects of gravity.
News released by We Media sparked a market shock on Monday. Kuaishou shares in Hong Kong slumped heavily due to the rumor, at one point falling below the issue price of HK$115 in late trading.
China’s second-largest short video app Kuaishou is investing extensively in Brazil and Southeast Asia to expand its overseas market, aiming to increase its share amid competition with TikTok.
At the 9th annual China Internet Audio & Video Convention (CIAVC), which took place in Chengdu on June 3, mainstream video platform officials voiced criticism of short videos and so-called“we-media”" platforms.
TikTok’s parent company ByteDance released a statement on Friday in response to the executive order banning US companies and individuals from doing business with it.
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.
Sen. Josh Hawley (R-MO) announced that he will introduce legislation to ban TikTok from the devices of federal employees, to ensure government institutions’ data privacy.
Kuaishou’s international short video platform Kwai, reached 3 million Daily Active Users (DAU) in Brazil on September 12, a number of people familiar with the matter told Jiemian News.
