Chinese technology giant Tencent has filed a lawsuit worth RMB 1 against Bytedance and Microvision Technology for alleged unfair competition and damaging its reputation on the companies’ Douyin and Jinri Toutiao platforms.
The primary focus of the lawsuit seems to be a request for a public apology on the offending companies’ media platforms and suspended business cooperations with the two firms.
Tencent said numerous disparaging articles, videos, and statements had been disseminated on Douyin and Jinri Toutiao, thereby denigrating the company. It also said Douyin misleadingly stated to its users that Tencent had blocked the platform’s video links.
Start your free trial now.
Get instant access to all our premium content, archives, newsletters, and online community.
Monthly Membership
Yearly Membership
What you get
Full access to all premium content and our full archives
Members'-only newsletters
Preferential access and discounts to all TechNode events
Direct access to the TechNode newsroom
Start your free trial now.
Get instant access to all our premium content, archives, newsletters, and online community.