TikTok Rival Kuaishou Falls; ByteDance Lays Off Hundreds

Aug.05 -- TikTok rival Kuaishou Technology fell the most on record after a post-listing lockup on sales of its shares expired. Meanwhile, TikTok-owner ByteDance Ltd. has laid off hundreds of employees. Stephen Engle reports on "Bloomberg Daybreak: Asia."

Comments / 0

Published by

Bloomberg from Video Elephant

11350 followers

Comments / 0