ByteDance has moved Douyin’s vice president Zhi Ying to lead TikTok’s products and content business as TikTok becomes an increased focus of its parent company’s […]
Douyin launches online supermarket service: report · TechNode
Douyin Supermarket, a new online supermarket service from TikTok’s sister app in China, recently went live. The entry of ByteDance’s popular video-sharing platform into the […]
Kuaishou struggles to sustain monetization as ad revenue grows slower than rival Douyin: report · TechNode
Kuaishou, a short video platform with 3 million daily active users, has less than one-fifth of the advertising revenue compared to rival Douyin, local media […]
Douyin expects 2023 GMV for local life services to double to RMB 150 billion · TechNode
ByteDance-owned short-video platform Douyin, China’s equivalent to TikTok, has set RMB 150 billion ($22.2 billion) as its annual target for local life service sales in […]