Tencent shuts down another app meant to compete with ByteDan

Tencent shuts down another app meant to compete with ByteDance

Chinese internet giant Tencent Holdings plans to shut down its content creation app Kandian next Monday (Aug 15), further consolidating its content business in a broad corporate shift to favour efficiency over expansion. Kandian will cease operations and shut down servers by the end of day on Aug 15 as part of “adjustments in business development strategy”, according to an...

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