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.

source https://gadgets.ndtv.com/internet/news/kuaishou-tencent-virtual-gifting-live-streaming-video-app-founders-su-hua-cheng-yixia-tiktok-bytedance-2361135#rss-gadgets-all

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