BEAMSTART Logo

Latest News on Douyin

ByteDance squares off against Meituan in local services market

Tech unicorn ByteDance is stepping up its efforts in China’s local services market through short video platform Douyin, the sister app of TikTok.

SCMP.COMApr 26, 2021

China's TikTok (Douyin) is suing WeChat's parent company Tencent for 'monopolistic behaviour'

TikTok is also seeking $13.95 million in compensation from Tencent

Alfred LeeFeb 03, 2021

TikTok China (Douyin) has launched an e-wallet to compete with Alipay and WeChat

Douyin Pay has been added as a new payment method on the app, alongside Alipay and WeChat Pay

Carl AdrianJan 20, 2021

TikTok and Douyin remain top grossing apps for 7 consecutive months.

The company generated $110 million in revenue in October 2020 alone.

Alfred LeeNov 10, 2020

TikTok's twin app Douyin launches movie streaming feature

The platform has 800 million daily active users

Wallace HoApr 02, 2020

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest news, events, and opportunities.

 

Download the Community App

Connect with the BEAMSTART Entrepreneurship Community from the palm of your hands. Connect with CEOs/Founders, Investors, Business Leaders, and Professionals. Download below to instantly form partnerships and discover opportunities:

PlayStore ButtonAppStore Button

© 2016 - 2021 BEAMSTART. All Rights Reserved (Legal).