The clash of China's social media titans : vimarsana.com

The clash of China's social media titans


The clash of China’s social media titans
Guan Cong, Qian Tong and Han Wei
Mar 16, 2021 – 4.23pm
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Beijing | China’s internet giant Tencent and rising challenger ByteDance, creator of TikTok, are fighting an all-out war with escalating turf battles and legal tussles even as the country’s regulators toughen scrutiny of big tech’s market power.
The pair are clashing across multiple arenas as they fight for traffic. Tencent, the gaming and social media behemoth, has amassed more than 1 billion users on its popular messaging app WeChat, which connects with a wide range of services offered by Tencent and partners. But ByteDance is catching up. Its short-video platform – known as Douyin in China – has more than 600 million daily active users.

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