Bytedance chinese tiktok china wechat pay
Tencent then released a statement saying that ByteDance's allegations were purely untrue and maliciously false.īyteDance products, including TikTok, have been subject to multiple court injunctions requiring immediate cessation of infringement by unfairly competing to obtain personal information of WeChat users and undermining platform rules, Tencent said, adding that ByteDance also has numerous violations of the platform's ecology and users' rights, and Tencent will continue to file lawsuits. The Chinese version of Tiktok, Douyin is actually larger than Tiktok and generates huge revenues. (Chinese: pinyin: Zìjié Tiàodòng) is a Chinese multinational internet technology company headquartered in Beijing and legally domiciled in the Cayman Islands. However, Tencent's and other third-party short video apps, such as Wesee and Kuaishou, can be shared and played on WeChat. The US Commerce Department has ordered app stores to remove popular Chinese-owned video sharing app TikTok and the messaging and payment platform WeChat. No other operator in the market can provide services with equivalent functionality to WeChat and QQ, which means Tencent "has a dominant market position," ByteDance said.īyteDance asked the court to order Tencent to immediately stop this behavior, publish a public statement to eliminate the negative impact and compensate ByteDance for economic losses and reasonable costs of RMB 90 million ($14 million).īyteDance said that since April 2018, users have been unable to play shared TikTok videos properly after sharing links to WeChat and QQ, which has continued for nearly three years. state of play in Chinas digital economy, breaking down its components and offering insight into.