The annual meetings of the National People’s Congress (NPC) and the advisory Chinese People’s Political Consultative Conference (CPPCC) being held this week are most important for the windows they provide into the government’s economic targets and policy priorities in the coming year. But the so-called “two sessions” meetings also enable some top private enterprise executives who are […]
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Posted inHeavy Hitters
TikTok, Douyin the world’s second most-downloaded app in 2019
TikTok and Chinese version Douyin recorded more than 738 million downloads in 2019 across Apple’s App Store and Google Play in 2019.
Posted inHeavy Hitters
Douyin rival Kuaishou refocuses overseas, Brazil DAU surges to 3 million
Intense competition in China’s short video segment is pushing companies to seek growth in overseas markets.
Posted inThe Numbers
Briefing: Live-streaming platform Huya to raise $343 million in new share offering
Huya intends to use the funds on its content ecosystem and e-sports partners.
Posted inViews
Bytedance is taking over the attention economy
Bytedance is set to shove Baidu aside as the B in BATs, and is taking a bite out of Tencent’s ad revenue. Why? Its ads are just more effective.
Posted inViews
Profit, not politics, is what matters in Tencent’s Reddit stake
Reddit is a relic of an older internet—and China isn’t the biggest force for change.
Posted inHeavy Hitters
8 Lessons from the rise of Douyin (Tik Tok)
Editor’s note: A version of this post by Hans Tung and Zara Zhang first appeared on Han’s blog. Hans Tung is a managing partner at GGV Capital. Zara Zhang is an investment analyst at GGV Capital. ByteDance and Musical.ly are GGV portfolio companies. For more on ByteDance, listen to their interview with Liu Zhen, senior vice president of ByteDance (and […]
