China’s cash-burning video sector: how Kuaishou lost $1B in 6 months

Published Nov 06 2020 at 3:45 AM GMT
  • Rumors have been floating for months that ByteDance is going public with TikTok and Douyin separately.
  • Just last night, Bloomberg reported that ByteDance is seeking a pre-IPO round of $2 billion at a staggering valuation of $180 billion.
  • Before any of that materializes, ByteDance Chinese rival Kuaishou has moved ahead to file for an initial.



  • Published Nov 6, 2020 3:45 AM GMT