ByteDance Pushes Into Property With New Real Estate Broker’s License

 /  News  / 
ByteDance Inc. is gearing up to enter China’s highly regulated rental housing market after obtaining a real estate broker’s license. Read More

Kuaishou Pulls Plug on Video App Zynn After Fleeting U.S. Success Tanks Amid Controversy

 /  News  / 
Kuaishou Technology, whose eponymous app is a major rival to ByteDance Inc.’s Chinese version of TikTok, said that it will stop services for another of its offerings, Zynn. Read More

TikTok Overtakes Facebook as the World’s Most Downloaded App

 /  News  / 
TikTok tops the list of social media providers in a global survey of downloads in 2020.  Read More

China’s TikTok Denies Facial Scanning Tech Collects Personal Data

 /  News  / 
ByteDance Inc. denied that its Douyin app, the Chinese version of TikTok, uses facial scanning technology to access users’ personal information. Read More

Social Media Site Xiaohongshu to Ax Some Rival Product Links

 /  News  / 
Although social media platform Xiaohongshu attracts large amounts of investment from advertisers, it has so far failed to achieve high conversion rates on its own shopping platform.  Read More

Out-of-Favor Jack Ma Tops Forbes China Philanthropy List With $494 Million in Donations

 /  News  / 
E-commerce giant Alibaba founder Jack Ma took the top spot on the 2021 Forbes China Philanthropy List. Read More

IQiyi Wins Streaming Deal With English Premier League

 /  News  / 
Chinese streaming platform iQiyi Inc. struck a broadcast rights deal with the English Premier League, the company said Wednesday. Read More

TikTok Rival Kuaishou Wins Rights to Tokyo and Beijing Olympics

 /  News  / 
Chinese short video company Kuaishou has won the broadcasting rights to the next two Olympic Games as the TikTok rival hits a milestone in its user numbers. Read More

Trailing Rivals, Tencent Short-Video App Pivots to Movies and TV

 /  News  / 
Tencent’s plan to reposition Weishi comes as the short-video app has fallen behind rivals Douyin and Kuaishou. Read More

Trending in China: Wanda Tycoon’s Son Accused of Harassing a Woman for Four Years

 /  News  / 
With more than 14 million followers on Weibo, Wanda Group heir Wang Sicong regularly attracts a six-figure viewership for his posts on wealth, celebrity and women. Read More

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