NewsFive of the world’s top 10 most downloaded social apps are from China: ReportByteDance, YY.Inc and Kuaishou expand their rivalry overseas. 2 mins read
“No two services are the same,” an Instagram spokeswoman said while acknowledging that TikTok is doing “big things” in the short video format. NewsInstagram takes on TikTok, Kwai in Brazil with new video-music remix feature2 mins read
Huya’s parent company and largest shareholder booked an 83.1% net income slump due to the firm’s overseas expansion effort. NewsTencent-backed Huya posts 117% net profit growth in Q3, amid rivalry with Bilibili, Kuaishou2 mins read
A regular Chinese internet user consumes over six hours of the day on digital devices. NewsChinese netizens spend 15% of screen time browsing short videos, report says1 min read
Kuaishou’s latest move to compete with ByteDance’s Douyin. NewsTencent-backed Kuaishou plans to spend USD 565 million on marketing to achieve ‘300 million DAUs’2 mins read
After snagging USD 434 million from investors, Zhihu has been trying to raise its profitability. NewsBaidu and Kuaishou-backed Q&A platform Zhihu rolls out live streaming feature to speed up monetization efforts1 min read
The Chinese startup is collecting more than USD 1 billion in a pre-IPO round which targets a USD 25 billion valuation. NewsKuaishou seeks US IPO in 2020 as it gears up for overseas expansion2 mins read
Short video platforms are tapping into e-commerce. NewsTencent-backed Kuaishou sells USD 14 million goods via short video app in 3 days2 mins read
Mogu counts on its community of fashion influencers to differentiate from larger rival Taobao. Q&AChinese fashion e-retailer Mogu banks on live streaming to revive fortunes5 mins read
