The top influencer on Kuaishou Technology, China’s No 2 short video platform, has complained about being unfairly treated in a rare open spat between a live streaming star and a major internet platform. Xin Youzhi, widely known as Xinba, or The Lion King’s Simba in English, has stopped updating his social media since Saturday, when … Read more
ByteDance, the owner of short video app TikTok and its Chinese version Douyin, has denied a news report saying the company’s profits jumped 60 per cent last year, as it plans two new apps – one to rival Instagram and another targeting European users – amid political headwinds against TikTok in the United States. Bloomberg … Read more
The Chinese parent of TikTok has kept a safe distance from the troubles facing its short video app in the US, leaving the response to the local team and Singaporean CEO Chew Shou Zi as they face a possible legal battle against a forced sale or a ban, according to people briefed on the matter. … Read more
The bill is headed to the US Senate, where both Democratic and Republican leaders have rejected the idea of fast-tracking its passage. 03:10 Protests at US Congress after House passes bill that could potentially ban TikTok nationwide Protests at US Congress after House passes bill that could potentially ban TikTok nationwide While US President Joe … Read more
ByteDance, the Chinese tech unicorn that is again facing a US ban of its flagship TikTok app unless it divests, has earned a “thumbs up” at home after rallying its young users against the legislation in an effort mirroring some of the more aggressive tactics from American platforms several years ago. That same year, the … Read more
The most used apps in China during the Lunar New Year holiday were familiar domestic social media and content platforms that have dominated the market for the past decade, according to government data. Among the apps that used the most cellular data during the nine-day holiday were Douyin, the Chinese version of TikTok owned by … Read more
Hong Kong filmmaker Stephen Chow Sing-chi, a popular actor in mainland China known as the king of comedy, has inked a deal with Douyin, the Chinese version of TikTok, to make an exclusive series, as A-list talent and Big Tech join hands to take advantage of a mini-drama frenzy. The project – code-named “9527” in … Read more
ByteDance, owner of global short video hit TikTok and its Chinese sibling Douyin, has adjusted its payroll policy to allow employees to sell their stock options faster, as plans for an initial public offering (IPO) remain in limbo. Under the new rule, applicable to ByteDance’s 110,000 employees worldwide, workers will receive 20 per cent of … Read more
Douyin, the Chinese version of TikTok that is betting big on e-commerce, has made its “express refund” policy mandatory, forcing merchants to immediately return money to consumers upon request to compete with similar offerings on Taobao and Pinduoduo. The platform operated by Beijing-based ByteDance, which added a shopping channel in 2019, allows users to get … Read more
In other words, ByteDance – which had divided itself into six units including gaming, education, TikTok, Douyin, enterprise collaboration platform Feishu and cloud service Volcano Engine – has drastically shrunk two of its businesses. Meanwhile, education has hardly lit up the room since Beijing cracked down on private tutoring in 2021. It is quite a … Read more
