in

TikTok’s Chinese rival Kuaishou goes public


The Chinese video sharing utility TikTok, which has just lately come to the fore with its privateness issues with the USA, will compete with a brand new competitor.

TikTok’s Chinese rival Kuaishou It’s anticipated to go public on February 5. The app is estimated to generate $5 billion in income with this transfer.

LARGEST SHAREHOLDER TENCET

Based in 2011, considered one of Kuaishou’s largest shareholders is Tencent, which owns WeChat. Tencent owns 21.5 % of Kuaishou.

The corporate has filed for a Hong Kong IPO, which might be led by Morgan Stanley, Financial institution of America and China Renaissance.

Based on statistics, the short-form video sharing utility has 262 million day by day energetic customers. The variety of subscribers utilizing the applying for a payment is on the degree of 59.9 million.

After the corporate’s IPO, the shares will start buying and selling in Hong Kong on February 5.

#TikToks #Chinese #rival #Kuaishou #public

Dikkat: Sitemiz herkese açık bir platform olduğundan, çox fazla kişi paylaşım yapmaktadır. Sitenizden izinsiz paylaşım yapılması durumunda iletişim bölümünden bildirmeniz yeterlidir.


https://m.ensonhaber.com/teknoloji/tiktokun-cinli-rakibi-kuaishou-halka-arz-ediliyor

You May Also Like:  Scientists have brought a creature that was frozen 30 years ago back to life

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

An investigation from the Competition Authority to Philips

Sea surface temperature has increased by 1.1 degrees in the last 120 years