TikTok rival Kuaishou is doubling down on efforts to expand its e-commerce presence with the introduction of a product pool as the company has seen a surge in online shopping orders generated on its platform. Read More
TikTok rival Kuaishou is upping the ante in plans to boost its booming e-commerce business, as a growing number of people cash in on livestreaming to sell products on the Chinese short video platform. Read More
TikTok rival Kuaishou on Wednesday said that it will invest 3 billion yuan ($424 million) to build a livestreaming e-commerce base in the western Chinese city of Chengdu, the latest sign that the video-sharing platform is increasing its bet on a sector that has taken off during the Covid-19 pandemic. Read More
Chinese video sharing app Kuaishou will spend about 10 billion yuan ($1.41 billion) to build its largest data center, as the company looks to support a user base poised for continued growth in a post-coronavirus market. Read More
Over the past five years, China’s Spring Festival holiday has become a battleground among the country’s biggest internet companies, and as new technologies such as short video become increasingly popular, the fronts are shifting. Read More
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