AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
4min chapter
CTI 75: The past, present, and future of Bytedance, with Zheping Huang (plus Kuaishou earnings)
China Tech Investor
The Quality Numbers Aren't Here Right Now
In the last 12 months, sales of marketing is 30 billion. R m b in 20 19, they only spent nine point eight billion. That's a pretty big jumpada kind of a pattern that i have in my head when looking at these numbers. I don't think, i wond how many kind of higher value products are being sold there. And it's really hard to see anyone getting in on their space. They can juice ad sales with a juiced marketing spend, et cetera, but are orred by discounting. The quality numbers don't seem to be here right now.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode