News Snapshot:
Home Brief World’s second-biggest short video app, Kuaishou, files for Hong Kong IPO World’s second-biggest short video app, Kuaishou, files for Hong Kong IPO on: Share Kuaishou Technology, the world’s second-largest video sharing platform and a competitor to TikTok, has applied to raise funds via an initial public offering (IPO) in Hong Kong, continuing the march by Chinese companies to tap capital in the financial hub, reported the South China Morning Post . The Beijing-based company, which reported 302 million average daily active users in the first six months, said it plans to use the capital it raises to enhance...
