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China’s largest venture capital houses are tapping the market for at least $2 billion in new funds, re-engaging with the ...
Tencent’s WeChat, ByteDance’s TikTok-like Douyin and video service Kuaishou Technology were among the platforms that posted remarkably similar notices Tuesday requiring users with at least ...
Kuaishou aims to raise about $5 billion, at a valuation of $50 billion or higher. Here are the ins and outs of Kuaishou and the case for its stock. Tencent-backed Kuaishou is going public.
Kuaishou, the mainland Chinese firm that operates the world’s second most watched short video app, has received approval for its planned public share offering. It is expected to raise $5 billion ...
BEIJING/SHANGHAI, June 5 (Reuters) - Chinese online short video start-up Kuaishou, backed by internet giant Tencent Holdings Ltd, has bought animation and video platform AcFun, the acquired firm ...
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Baidu has given its search product the biggest overhaul in 10 years by adding artificial intelligence features. Baidu search has been facing pressure from AI rivals like Tencent and DeepSeek. Analysts ...
Tencent first invested $350 million in Kuaishou in March 2017, pushing its valuation to $2.5 billion. Kuaishou’s DAU in May was 200 million and in June, founders Su Hua and Cheng Yixiao set a target ...
Kuaishou Technology more than doubled in its Hong Kong stock market debut on Friday, becoming the fifth-largest listed company in the city, driven by massive demand from mom-and-pop investors for ...
Competition and consolidation both intensify in the Chinese video sector, as well-heeled startup Kuaishou buys sector pioneer ACFun.
Kuaishou claims to have reached 50 million daily users, with five million videos uploaded to its service each day. Following the investment, Kuaishou said it will work with Tencent and Baidu on ...
Although Kuaishou is China's second-place platform behind Douyin, which is what Bytedance calls the Tik-Tok equivalent in China, Kuaishou is also backed by internet giant Tencent (OTC: TCEHY ...
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