Illustration: Henry Wong
China’s short video war: WeChat invests in Channels to take on Douyin and Kuaishou in battle for eyeballs and advertising spend
- Channels function is increasingly being seen as WeChat’s future, if it can fight off the likes of Douyin and Kuaishou
- Channels opens up new opportunities for Tencent, as the platform can tap more advertising and live-streaming e-commerce revenue streams
Illustration: Henry Wong