ByteDance

The Japanese clothing brand has seen revenue and profit decline at home.

Kuaishou wants to increase its DAU by 100 million and reach 300 million by next February.

Bytedance joins the billion-user club.

Tesla’s presence puts pressure on China’s EV industry.

Meanwhile, former boss of Musical.ly was put in charge of the app’s international operation

ByteDance bought two gaming companies earlier this year.

Last year, ByteDance formed a partnership with NBA.

It’s an effort to shield youngsters from social media addiction and harmful content.