According to Reuters, Bytedance is in preliminary discussions with investment banks regarding a standalone IPO for the app, which surpassed 600 million daily active users (DAUs) in August, up from an estimated 400 million at the beginning of 2020. Read More
The Beijing LGBT Center recently opened an account on Douyin, the domestic version of TikTok, attracting over 2,400 followers and featuring short videos that address misconceptions about the LGBTQ+ community. Read More
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