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The Latest Breaking News from Kuaishou

Tencent unit seeks up to $1.55 billion from short-video company Kuaishou share sale

The Tencent unit is offering about 273 million Kuaishou Class B shares at HK$43.15 ($5.50) to HK $44.53 each. The range ⁠values the ‌sale at about $1.50 billion to $1.55 billion.

The Economic Times

Alibaba, Tencent back Kuaishou's Kling AI in $2.8 billion fundraise

Alibaba, Tencent back Kuaishou's Kling AI in $2.8 billion fundraise

Chinese tech giant Kuaishou's AI video unit, Kling AI, has secured over 19 billion yuan ($2.80 billion) in funding from investors including Alibaba and Tencent. This significant investment values the popular AI video arm at $15 billion pre-money, highlighting strong investor confidence in China's booming AI sector. Kling AI's revenue…

The Economic Times

Kling 3.0 vs Seedance 2.0: Which AI Video Model Wins in 2026?

AI video in 2026 is no longer just about making a pretty 5-second clip. The real question is which model gives creators the best mix of motion realism, control, audio, consistency, and usable workflow. On that standard, Kling 3.0 and Seedance 2.0 are two of the strongest releases of February…

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TikTok Rival Hit by Cyberattack as Porn and Violent Videos Flood Chinese App

Porn and violent livestreams overwhelmed Kuaishou after a cyberattack, raising questions about China's online censorship and platform security.

International Business Times UK

Tech Brief (Nov. 20): DeepMind to Open AI Lab in Singapore

Netherlands temporarily suspends a controversial ministerial order restricting operations at Chinese-owned chipmaker Nexperia, The EU launches an anti-dumping investigation into robotic lawn mowers imported from China

Can these two self-driving car vets upend Hollywood and beat out OpenAI?

AI startup Odyssey, cofounded by Cruise and Wayve alums, emerges from stealth with $9 million in venture capital funding

China’s AI companies are reportedly rationing the use of their services because they don’t have enough chips

Blame the U.S. and its export controls blocking AI chip sales to China.

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Alibaba and JD's decision to withhold Singles Day data punctures last chance to see a China consumption revival this year

Alibaba and JD's decision to withhold Singles Day data punctures last chance to see a China consumption revival this year

"Everyone's waiting for this consumption boom," one analyst said. "I don't think it's really going to come."

China urged to tackle online racism targeting Black people

China urged to tackle online racism targeting Black people

Human Rights Watch says racist tropes ‘common’ across Chinese social media, and that platforms and government must act.

Chinese social media filled with anti-black racist content, says watchdog

Chinese social media filled with anti-black racist content, says watchdog

Analysis by Human Rights Watch finds the country’s major platforms ‘do not routinely address’ pervasive online racism

The Guardian - UK

Huge Foxconn iPhone plant in China rocked by fresh worker unrest

Huge Foxconn iPhone plant in China rocked by fresh worker unrest

Hundreds of workers joined protests at Foxconn's flagship iPhone plant in China, with some men smashing surveillance cameras and windows, footage uploaded on social media showed.

Bilibili Gains More Paying Users But Has Work To Do on Cost Control

Bilibili Gains More Paying Users But Has Work To Do on Cost Control

Key Takeaways: Bilibili’s first-quarter revenue jumped by 30%, but a big rise in operating costs swelled its net loss by 152% The company made progress on commercialization as monthly users who pay for its services rose above 27 million in the quarter, with a paying user ratio of 9.3% By…

Living in TikTok's Shadow, Kuaishou Bleeds Red Ink and Cash

Living in TikTok's Shadow, Kuaishou Bleeds Red Ink and Cash

Key Takeaways: Kuaishou’s adjusted net loss narrowed in the first quarter, but its ad revenue came under pressure during China’s latest Covid containment measures

Livestream Tipping Clampdown: Bad for the Big Boys, But Worse for Small Fries

Key Takeaways: Newly announced rules will ban minors from tipping their favorite livestreaming hosts and outlaw tip rankings Big platforms like Kuaishou have more balanced tipping structures and diverse revenues, meaning they could suffer less from the new policy than smaller rivals

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HUYA Shares Drop As China Reportedly Renews Crackdown In LiveStreaming Sector

China drafted new regulations to cap internet users' daily monetary spending on digital tipping as a part of a renewed crackdown on the $30 billion live-streaming industry, the Wall Street Journal reports. China also looked to set a daily limit on live-streamers earnings and tighter censorship over the content. The report…

Meituan's Latest Move Rivals Against Likes Of Alibaba, JD

Meituan (OTC:MPNGY), famed as the "Amazon.com Inc (NASDAQ:AMZN) of services" in China, looked to expand its bouquet of services, tech node reports. The giant service app, whose services ranged from food delivery to travel booking, expanded to selling physical goods akin to Amazon. Meituan's latest move fired up rivalry against China's domestic retail…

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