Tech unicorn ByteDance, which runs short video-sharing apps TikTok and Douyin, is stepping up its efforts in China’s local services market. Photo: AP
TikTok owner ByteDance ramps up local services expansion, squaring off against industry leader Meituan
- Douyin, the Chinese version of TikTok, started its foray in the country’s local services market in 2018
- The ByteDance-owned platform now promotes a service covering ‘local eateries, drinking, fun and entertainment’ to its 600 million daily active users
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Tech unicorn ByteDance, which runs short video-sharing apps TikTok and Douyin, is stepping up its efforts in China’s local services market. Photo: AP