The Douyin/TikTok logo is shown on a smartphone in front of a laptop in this arranged photo. Photo: Shutterstock Images
The Douyin/TikTok logo is shown on a smartphone in front of a laptop in this arranged photo. Photo: Shutterstock Images
TikTok

Douyin, China’s version of TikTok, calls a truce in war on long-form video with iQiyi licensing deal

  • Douyin will be authorised to ‘recreate’ shows from iQiyi’s signature Light On channel, which includes nine already-released series in the crime and thriller genres
  • iQiyi has been struggling with profitability, leading to lay-offs last year when it trimmed more than 30 per cent of workers in departments such as marketing and distribution

The Douyin/TikTok logo is shown on a smartphone in front of a laptop in this arranged photo. Photo: Shutterstock Images
The Douyin/TikTok logo is shown on a smartphone in front of a laptop in this arranged photo. Photo: Shutterstock Images
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