Short Video Platform

2022.02.10

11:18

India's ShareChat to buy local rival MX's short-video platform for $700 million

Asian Tech Press (Feb 10) -- The parent entity of India's ShareChat will reportedly buy its rival MX's short video platform for roughly $700 million.

2021.12.29

05:01

TikTok is the most downloaded app in Christmas 2021

Asian Tech Press (Dec 29) -- According to mobile data and analytics company App Annie, the short-video platform Tiktok is at the top of the download charts this Christmas. This data is estimated based on the number of iOS and Google Play stores downloads on December 25.

2021.12.23

09:14

Short video app Triller merges with publicly-traded company, valued at $5 billion

Asian Tech Press (Dec 23) -- Short-video platform Triller will go public through a reverse merger with publicly traded Seachange International Inc. that will value the company at about $5 billion.

2021.12.17

07:43

TikTok to adjust algorithm to avoid reinforcement of negative content

Asian Tech Press (Dec 17) -- The most popular non-gaming app worldwide TikTok announced Thursday that it will adjust its algorithm to avoid recommending too much homogenized negative content to users.

2021.11.25

05:39

Sensor Tower: TikTok has about 3.3 billion installs worldwide

Asian Tech Press (Nov 25) -- According to Sensor Tower store intelligence platform data, the cumulative number of installs of TikTok China and international versions in the global App Store and Google Play has now exceeded 3 billion.

2021.10.27

10:59

TikTok responds to child safety concerns at U.S. congressional hearing

Asian Tech Press (Oct 27) -- The short video platform TikTok attended a U.S. congressional hearing on Tuesday, and publicly responded to concerns about online protection for youth and data security.

2021.10.18

02:51

China's Kuaishou announces strategic partnership with NBA

Asian Tech Press (Oct 18) -- Chinese short video platform Kuaishou Technology (1024:Hong Kong) announced a strategic partnership with the NBA on Monday, according to media reports.

2021.09.13

04:34

Shopee to launch short video app to compete with TikTok, sources say

Asian Tech Press (SEP 13) -- According to sources, Singaporean e-commerce giant Shopee will launch a short video app in the Southeast Asian market to directly compete with ByteDance's TikTok. The project has a high priority and budget, and its new team includes several former international members of ByteDance.

2021.09.10

04:36

TikTok reportedly pushes drug-related, sexually explicit content to minors

Asian Tech Press (Sep 10) -- TikTok, the most popular non-gaming app worldwide, is using its algorithm to push content related to drug peddling and pornographic sites to underage users, quickly dropping them into a bottomless pit of adult videos, according to an exclusive investigation by The Wall Street Journal.

2021.08.04

07:33

Kuaishou to shut down TikTok rival Zynn in August

Asian Tech Press -- Kuaishou Technology (1024: Hong Kong) said on Wednesday it will shut down its overseas short video app Zynn in August, Reuters reported.

2021.07.27

10:14

India's ShareChat raises $145 mln from Temasek, two others valued at $2.88 bln

NEW DELHI (Reuters) - Indian content-sharing platform ShareChat has raised $145 million in fresh funding from Singapore's Temasek Holdings and two other investors, giving it a valuation of $2.88 billion, the company told Reuters on Tuesday.

2021.04.19

12:00

Chinese film, TV firms and associations warn short video platforms

2021.02.26

07:54

ByteDance agrees to a $92 million privacy settlement with US TikTok users

According to court documents, ByteDance has agreed to pay $92 million to settle a class-action lawsuit accusing it of illegally collecting some data on TikTok teen users.

2021.01.23

02:45

Italy orders TikTok to Block Unverified Users After Death of a 10-Year-Old Girl

The Italian data privacy watchdog The Italian Data Protection Authority (GPDP) ordered video app TikTok on Friday to block the accounts of any users in Italy whose age it could not verify.

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Singapore investigates Nvidia server export fraud
                            2025-03-03

                                    Shenzhen: By 2027, there will be more than 1,200 companies related to the embodied intelligent robot industry cluster
                            2025-03-03

                                    Hongqi Chain Store: Deputy General Managers Zhang Ying, Wan Chun, Hong Fan and Yang Yuanbin resigned
                            2025-03-03

                                    Shenzhen: Focus on supporting key core technologies such as core components of embodied intelligent robots, AI chips, and bionic dexterous hands
                            2025-03-03

                                    Intel showcases Xeon 6 processor-based network infrastructure at MWC2025
                            2025-03-03