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Why TikTok and Shein Won Internationally. And Why WeChat and Kuaishou Didn't (161).

The Tech Strategy Podcast

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Jinru Totao: A Daily Headline

In 2012, ByteDance was one of the few companies that didn't take money from Baidu Tencent or Alibaba. Back then, 50 plus percent of all venture money in China was from those three companies. They've sort of become the fourth giant and they're arguably the biggest competitor to Tencent now. In 2017, five years after launching it's got 600 million registered users. It surpasses Tencent news in monthly active users and DAUs and daily time spent.

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