Live Breaking News & Updates on Wang guanran

Stay informed with the latest breaking news from Wang guanran on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in Wang guanran and stay connected to the pulse of your community

Tencent stays in Beijing's sights even after $490bn drop

If China’s crackdown on its giant tech sector is finally easing up, Tencent Holdings Ltd. has yet to feel it.

Beijing , China , Singapore , Qiyi , Liaoning , Amsterdam , Noord-holland , Netherlands , Chinese , Qilai-shen-bloomberg , Wang-guanran , John-choi

TikTok for truckies: Billionaire who missed out on TikTok now tries to beat it

TikTok for truckies: Billionaire who missed out on TikTok now tries to beat it
We’re sorry, this service is currently unavailable. Please try again later.
Dismiss
By Zheping Huang
Normal text size
Advertisement
In 2017, Su Hua, the founder of a Chinese startup called Kuaishou Technology, was on the verge of closing the biggest deal of his career -- the acquisition of a fledgling video service that would become TikTok. But arch-rival ByteDance swooped in with a better offer, and Su missed out on what has become a global sensation.
Now, the 38-year-old entrepreneur is getting some payback. In February, Kuaishou went public in Hong Kong, raising more than $US5 billion ($6.8 billion) on the strength of its booming video and commerce operations. ByteDance, meanwhile, tangled with the US government and then got ensnarled in China’s tech crackdown, likely delaying its own initial public offering.

China , Mexico , Beijing , Shanghai , Hunan , Jiangsu , Brazil , Chinese , Brazilian , Louis-yang , Cheng-yixiao , Wang-meihong

Billionaire Who Missed Out on TikTok Is Trying to Beat It

Billionaire Who Missed Out on TikTok Is Trying to Beat It
Bloomberg
6 hrs ago
Zheping Huang
(Bloomberg) -- In 2017, Su Hua, the founder of a Chinese startup called Kuaishou Technology, was on the verge of closing the biggest deal of his career -- the acquisition of a fledgling video service that would become TikTok. But arch-rival ByteDance Ltd. swooped in with a better offer, and Su missed out on what has become a global sensation.
Now, the 38-year-old entrepreneur is getting some payback. In February, Kuaishou went public in Hong Kong, raising more than $5 billion on the strength of its booming video and commerce operations. ByteDance, meanwhile, tangled with the U.S. government and then got ensnarled in China’s tech crackdown, likely delaying its own initial public offering.

Mexico , Shanghai , China , United-states , Hong-kong , Brazil , Beijing , Indonesia , Hunan , Jiangsu , Canada , Pakistan

Billionaire who missed out on TikTok is now trying to beat it

Billionaire who missed out on TikTok is now trying to beat it
japantimes.co.jp - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantimes.co.jp Daily Mail and Mail on Sunday newspapers.

Mexico , Paraiba , Parahyba , Brazil , Shanghai , China , Hong-kong , Beijing , Indonesia , Hunan , Jiangsu , Pakistan

TikTok for truckies: Billionaire who missed out on TikTok now tries to beat it

TikTok for truckies: Billionaire who missed out on TikTok now tries to beat it
watoday.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from watoday.com.au Daily Mail and Mail on Sunday newspapers.

China , Mexico , Beijing , Shanghai , Hunan , Jiangsu , Brazil , Chinese , Brazilian , Louis-yang , Cheng-yixiao , Wang-meihong

TikTok for truckies: Billionaire who missed out on TikTok now tries to beat it

TikTok for truckies: Billionaire who missed out on TikTok now tries to beat it
theage.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theage.com.au Daily Mail and Mail on Sunday newspapers.

China , Mexico , Beijing , Shanghai , Hunan , Jiangsu , Brazil , Chinese , Brazilian , Louis-yang , Cheng-yixiao , Wang-meihong

Billionaire Who Missed Out on TikTok Is Now Trying to Beat It

Billionaire Who Missed Out on TikTok Is Now Trying to Beat It
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Mexico , Shanghai , China , United-states , Hong-kong , Brazil , Beijing , Indonesia , Hunan , Jiangsu , Pakistan , America

Ex-Googler turns virtual gifts into a US$61bil business

Kuaishou (pic), which means ‘fast hand’, is one of China’s biggest Internet success stories of the past decade, part of a generation of startups that thrived with backing from Tencent Holdings Ltd. Along with TikTok parent ByteDance, the outfit pioneered the livestreaming and bite-sized video format that’s since been adopted around the world by the likes of Facebook Inc. — Reuters
In China’s popular online-streaming industry, virtual gift-giving is big. You can send your favourite live performer anything from a rose for 5 yuan (RM3.14) to a space rocket for 500 yuan (RM312.84).
The present is just a symbol, but the money is real – and that’s what’s made Kuaishou Technology so successful.

China , Beijing , Taiwan , Hunan , Jiangsu , India , Hong-kong , New-delhi , Delhi , Chinese , Wang-guanran , Su-hua

With Kuaishou, ex-Googler turns virtual gifts into a $61 billion business

The ByteDance Ltd. rival has become the biggest livestreaming platform for virtual gifts, with more paying monthly users than any other in the world.

Taiwan , India , Hong-kong , New-delhi , Delhi , Beijing , China , Hunan , Jiangsu , Pan-dong , Guangxi , Chinese

Ex-Googler Turns Virtual Gifts Into a $61 Billion Business

(Bloomberg) -- In China’s popular online-streaming industry, virtual gift-giving is big. You can send your favorite live performer anything from a rose for 5 yuan (80 cents) to a space rocket for 500 yuan.

Taiwan , India , Hong-kong , New-delhi , Delhi , Beijing , China , Hunan , Jiangsu , Pan-dong , Guangxi , Chinese