TikTok Rival’s Shares Tumble After CEO Says More Regulation Will Hurt Revenue Scott Marlette Aug 26, 2021 Kuaishou Technology , a major rival to ByteDance Ltd. that owns a popular short-video platform in China, said it expects tighter regulations to…
TikTok Rival’s Stock Slides Amid Removal of U.S. App, Criticism of Video Platforms Scott Marlette Aug 5, 2021 The shares of Kuaishou Technology , the owner of a popular Chinese short-video platform that competes with ByteDance Ltd., tumbled 15% Thursday…
China’s Emerging Tech Firms Grapple With Losses Scott Marlette Jun 7, 2021 The red ink is piling up at China’s emerging technology champions, as these companies spend heavily in a bid to spur new market segments.Sales are soaring at…
