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Kuaishou

Chinese e-commerce sales up 14% during 618 shopping festival, report says

by Anas Siddiqui
Chinese e-commerce sales up 14% during 618 shopping festival, report says

Douyin, the Chinese version of TikTok, led all other platforms with a 26.2 per cent surge in GMV, followed by Pinduoduo’s 17.7 per cent and Kuaishou’s 16.1 per cent. Alibaba …

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Which were the most used apps during Lunar New Year? Familiar names like Tencent and ByteDance dominated top 5

by Anas Siddiqui
Which were the most used apps during Lunar New Year? Familiar names like Tencent and ByteDance dominated top 5

The most used apps in China during the Lunar New Year holiday were familiar domestic social media and content platforms that have dominated the market for the past decade, according …

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ByteDance rival Kuaishou sharpens focus on fast-growing real-estate video content with new round of restructuring

by Anas Siddiqui
ByteDance rival Kuaishou sharpens focus on fast-growing real-estate video content with new round of restructuring

Kuaishou Technology, operator of one of China’s most popular short video apps, is planning a new round of business reorganisation, according to Chinese media outlet Jiemian, as the Beijing-based firm …

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Online housing sales festival kicks off as live-streamer Kuaishou aims to boost demand amid market slump

by Anas Siddiqui
Online housing sales festival kicks off as live-streamer Kuaishou aims to boost demand amid market slump

Kuaishou Technology, China’s second-largest short video platform after ByteDance’s Douyin, has launched an “online festival” to encourage home sales amid a deep property market slump in the country. The one-month …

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People’s Daily calls for tighter control of live-streaming e-commerce in China as controversies mount

by Anas Siddiqui
People’s Daily calls for tighter control of live-streaming e-commerce in China as controversies mount

An opinion piece published by the chief mouthpiece of the Chinese Communist Party has called for tighter oversight of live-streaming e-commerce, a popular but controversial segment of the country’s online …

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Country Garden founder and daughter top list of Chinese philanthropists, as 34 tycoons pledge US$26.2 billion

by Anas Siddiqui
Country Garden founder and daughter top list of Chinese philanthropists, as 34 tycoons pledge US.2 billion

The founder and chairman of indebted property developer Country Garden top a list of 34 Chinese business magnates who each promised to give away at least 100 million yuan (US$13.7 …

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