It’s a latecomer to the short video scene, where Bytedance and BAT are already wrestling for user attention spans.
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Tiktok pulled from India stores in ban on 59 Chinese apps
India’s government has banned Tiktok, Wechat, and 57 other Chinese apps in seeming retaliation for border clashes in the Himalayas.
India bans 118 Chinese apps including PUBG, Alipay as tensions rise
India banned another 118 Chinese-made apps, including Tencent’s popular video game PlayerUnknown’s Battlegrounds, as border tensions escalated.
Bytedance ups Baidu rivalry with new search app
Bytedance is expanding beyond its core businesses in news aggregation and short video into e-commerce, gaming, and search.
Tencent’s short-video app Yoo rebrands as Hotpot Video
Tencent hasn’t given up on developing a homegrown short video app into a serious contender.
INSIGHTS | Bytedance gaming play doesn’t threaten Tencent—yet
Bytedance is moving into gaming, but it’s not trying to overthrow Tencent yet. It’s a low stakes bet that will get big only if it succeeds early.
Jinri Toutiao rival said to file for US IPO in September
Qutoutiao didn’t confirm the claim, saying that they “have been open to all kinds of financing channels, including a listing of course, but the time can not be confirmed.”