Bytedance eroding ad revenue share from BAT: report

By Emma Lee

Feb 12, 20202 min read (Image credit: BigStock/nopparat.k)Bytedance, creator of viral short video apps Douyin and TikTok as well as news aggregation app Toutiao, is continuing to take ad revenue share from China’s top tech firms Baidu, Alibaba, and …

Kuaishou earned revenue of $7.2 billion in 2019: report

By Wei Sheng

Feb 11, 20201 min read Chinese video-sharing app Kuaishou generated RMB 50 billion (around $7.2 billion) in revenue in 2019, with live-streaming revenue accounting for the largest share, Chinese media Jiemian reported on Monday.
Why it matters: Kuai…