Kuaishou Technology operates China’s second-largest short video-sharing platform behind TikTok sister app Douyin, owned by ByteDance. Photo: Bloomberg
ByteDance rival Kuaishou posts 37 per cent quarterly sales growth
- Beijing-based Kuaishou’s revenue surged to US$2.65 billion for the three months ended March
- The company is now grappling with an influx of new rivals, from up-and-comers like Bilibili to super app WeChat
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Kuaishou Technology operates China’s second-largest short video-sharing platform behind TikTok sister app Douyin, owned by ByteDance. Photo: Bloomberg