Monday, February 1, 2021

Ex-Googler Turns Virtual Gifts Into a $61 Billion Business With Chinese Video App Kuaishou

Kuaishou, the Chinese video app, has become the biggest live-streaming platform for virtual gifts beating rival and TikTok parent ByteDance. The company raised $5.4 billion in Hong Kong in the biggest internet initial public offering since Uber in 2019.

from Gadgets 360
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