News Snapshot:
Kuaishou, a Chinese video sharing and social networking platform backed by the likes of Tencent Holdings, Sequoia Capital China, Boyu Capital and DST Global, has filed for a Hong Kong IPO. The company is perhaps best known as the key domestic rival to Douyin, ByteDance’s short video business. ByteDance is currently embroiled in regulatory difficulties in the US regarding TikTok – the...
