It is being reported that Chinese conglomerate Tencent is investing $2 billion in Kuaishou, which owns a short video platform similar to ByteDance’s Douyin. Kuaishou was launched in 2011 by Su Hua, who is also the founder and CEO of Kuaishou Technology. The platform currently has more than 200 million active daily users as well … Continue reading Tencent Reportedly Plunking $2 Billion on ByteDance Rival Kuaishou