High Five Capital
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07/17/2021
China Punishes Tencent, ByteDance Apps in Renewed
Clampdown -
China Punishes ByteDance, Tencent-Backed Apps in Clampdown (Bloomberg) -- China has penalized 10 of the country’s most popular livestreaming apps, suspending some of their operations in a renewed crackdown on fast-growing services backed by Tencent Holdings Ltd. and ByteDance Ltd.Regulators singled out ByteDance’s Xigua and three apps run by Tencent-bac...
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