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TikTok is giving China a video chat alternative to WeChat – TechCrunch

TikTok is giving China a video chat alternative to WeChat – TechCrunch ByteDance, the world’s most-valued startup, just launched a new social media product under its Douyin brand in what many people see as a serious attempt to challenge WeChat. Tencent has long dominated China’s social networking space with WeChat and …

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The next phase of WeChat – TechCrunch

The next phase of WeChat – TechCrunch Thousands of people gathered Wednesday night in a southern Chinese city for Zhang Xiaolong, Tencent’s low-key executive who built WeChat eight years ago. It’s no longer adequate to call the app a messenger, for it now enables myriads of functions that infiltrate Chinese …

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TikTok’s quietly launched ‘Lite’ app has reached over 12 million downloads since August – TechCrunch

TikTok’s quietly launched ‘Lite’ app has reached over 12 million downloads since August – TechCrunch Short-form video app TikTok has been growing in popularity across international markets, including in the U.S. where a merger with Musical.ly has seen the app topping the App Store charts. Facebook and Snapchat have been …

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Chinese app developers have invaded India – TechCrunch

Chinese app developers have invaded India – TechCrunch If you’ve conquered China, then India — the world’s second-largest country based on population — is the obvious next port of call, and that’s exactly what has happened in the world of consumer apps. Following the lead of Chinese smartphone makers like …

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China’s WeChat is the latest to get Snap-like ‘Stories’ – TechCrunch

China’s WeChat is the latest to get Snap-like ‘Stories’ – TechCrunch WeChat, the Chinese messaging giant with over 1 billion monthly active users around the world, just added a Snap-like ephemeral video feature as part of its biggest overhaul since 2014. The revamp comes as Tencent, which owns stakes in Snap, …

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TikTok parent ByteDance sues Chinese news site that exposed fake news problem – TechCrunch

TikTok parent ByteDance sues Chinese news site that exposed fake news problem – TechCrunch There’s worrying news from China’s online media world as ByteDance, the $75 billion company behind popular video app TikTok is taking a news site to court for alleged defamation after it published a story about ByteDance’s …

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A Chinese ecommerce app that lures grocery shoppers with cash just raised $100M in Series B – TechCrunch

A Chinese ecommerce app that lures grocery shoppers with cash just raised $100M in Series B – TechCrunch There is no shortage of up-and-comers jostling for a spot in China’s massive ecommerce industry, and oftentimes they pick a niche market and present a novel business model different from the establishment of …

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TikTok parent ByteDance said to raise $1.45 billion for AI and content – TechCrunch

TikTok parent ByteDance said to raise $1.45 billion for AI and content – TechCrunch ByteDance, the Chinese company behind the immensely popular video app TikTok, is in talks to raise $1.45 billion for a new fund, The Information reported on Friday citing sources. The fresh vehicle will help power artificial …

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Asian streaming startup M17, still recovering from a failed IPO, raises another $25M – TechCrunch

Asian streaming startup M17, still recovering from a failed IPO, raises another $25M – TechCrunch M17, the Taiwanese streaming company that controversially priced on the NYSE but didn’t list, has returned to the private markets after it raised a $25 million funding round. The round was led by Terry Tsang — CEO of …

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