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Kuaishou ends US push by shutting down TikTok clone


Kuaishou also operates Kwai and SnackVideo apps for markets like Brazil and Indonesia, but Zynn represented its most direct effort to combat TikTok on its home turf. Reuters
Kuaishou Technology will shut down its Zynn video-sharing app, marking the end of its ill-fated attempt to challenge ByteDance Ltd’s TikTok in the US.
The Chinese social media company told users in a notice Wednesday that the Zynn service will be terminated as of Aug 20. The app, a TikTok-lookalike launched for North American markets just last year, will remove all user data after a 45-day grace period following the shutdown, according to the notice. The firm confirmed the shutdown in an statement, adding that its other overseas products won’t be affected. ....

United States , Su Hua , Kuaishou Technology , Bytedance Ltd Tiktok , Bytedance Ltd , North American , Bloomberg News , ஒன்றுபட்டது மாநிலங்களில் , சு ஹுவா , வடக்கு அமெரிக்கன் , ப்ளூம்பெர்க் செய்தி ,

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. ....

United States , Hong Kong , Louis Yang , Su Hua , Cheng Yixiao , Roy Liu Bloomberg , Wang Meihong , Yan Cong Bloomberg , Wang Guanran , Paulo Venancios , Tony Qiu , Kwai Brasil , Alex Zhu , Zhang Yiming , Ruby Lu , Morgan Stanley , Facebook Inc , Baidu Inc , Weibo Corp , Kuaishou Technology , Tsinghua University , Netflix Inc , Bytedance Ltd , Citic Securities Co , Alibaba Group Holding Ltd , Tencent Holdings Ltd ,

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.

Hong Kong , Louis Yang , Joao Paulo Venancios , Su Hua , Cheng Yixiao , Wang Meihong , Wang Guanran , Copa America , Tony Qiu , Alex Zhu , Zhang Yiming , Ruby Lu , Bytedance Ltd , Morgan Stanley , Baidu Inc , Citic Securities Co , Alibaba Group Holding Ltd , Weibo Corp , Kuaishou Technology , Tsinghua University , Tencent Holdings Ltd , Snack Video , Latin America , Tencent Holdings , Bain Capital , Citic Securities ,

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.

United States , Hong Kong , Louis Yang , Su Hua , Cheng Yixiao , Wang Meihong , Wang Guanran , Paulo Venancios , Tony Qiu , Alex Zhu , Zhang Yiming , Ruby Lu , Bytedance Ltd , Morgan Stanley , Facebook Inc , Baidu Inc , Citic Securities Co , Alibaba Group Holding Ltd , Weibo Corp , Kuaishou Technology , Tsinghua University , Tencent Holdings Ltd , Netflix Inc , Snack Video , Latin America , Tencent Holdings ,