China Internet Report

The Beijing-based start-up is developing new film and television drama segments for its Xigua Video app

ByteDance to enter long-form streaming video market

Beijing ByteDance Technology, operator of popular news aggregator Jinri Toutiao and short video app Tik Tok, plans to bring long-form content in China’s streaming video market and compete head-to-head with industry leaders iQiyi, Tencent Video and Youku Tudou.