Kuaishou Technology competes with ByteDance’s Douyin in China’s vast short video-sharing app market, which had 818 million total users at the end of June last year. Photo: Reuters
Kuaishou Technology competes with ByteDance’s Douyin in China’s vast short video-sharing app market, which had 818 million total users at the end of June last year. Photo: Reuters
Tech

Inside China Tech: IPO fever returns but Xiaomi hits US blacklist

  • Beijing-based Kuaishou, which runs the world’s second-largest video-sharing app, plans to raise up to US$6 billion from its Hong Kong IPO
  • Xiaomi said it would take appropriate action to defend its interests after being blacklisted by the Trump administration

SCMP Reporters
SCMP Reporters

Updated: 10:00am, 16 Jan, 2021

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Kuaishou Technology competes with ByteDance’s Douyin in China’s vast short video-sharing app market, which had 818 million total users at the end of June last year. Photo: Reuters
Kuaishou Technology competes with ByteDance’s Douyin in China’s vast short video-sharing app market, which had 818 million total users at the end of June last year. Photo: Reuters
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