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Singapore`s Sea to invest more in e-com platform Shopee amid TikTok threat E-commerce giant Sea will bump up investments in its online shopping business Shopee across all markets as Chinese company TikTok’s shopping venture expands into new territories, the media reported on Wednesday. The Southeast Asian tech company Sea, which has shut operations of its e-commerce portal Shopee in India, aims to invest more in its e-commerce unit as competition heats up, reports Nikkei Asia. TikTok, the short video platform owned by ByteDance, launched online shopping...
Singapore`s Sea to invest more in e-com platform Shopee amid TikTok threat
Singapore`s Sea to invest more in e-com platform Shopee amid TikTok threat
Source: IANS
16/08/2023 6:00:25 PM
Global in-app spending hits record $67.5 bn, India largest market for Google Play The global mobile market hit a record $67.5 billion regarding in-app consumer spend and registered 76.8 billion app downloads across iOS and Google Play in the first six months of this year, a report showed on Thursday. Positive growth in mobile consumer spend returned at a healthy 5.3 per cent year-over-year in H1 2023 after a decline in 2022. App downloads were also up by 3.2 per cent, according to data.ai, the leading mobile data and analytics provider. India, Brazil and Indones...
Global in-app spending hits record $67.5 bn, India largest market for Google Play
Global in-app spending hits record $67.5 bn, India largest market for Google Play
Source: IANS
13/07/2023 11:04:41 AM
TikTok sees significant growth in daily news consumption on its platform Chinese short-form video app TikTok is now becoming a key news source for its users and in the US, 33 per cent of its users now regularly get their news on the short-video app, up from 22 per cent in 2020. This TikTok rise in the daily news source business comes as other big social media platforms see decline in regular news consumption on their platforms. Facebook now has only 44 per cent of its users getting regular news updates, down from 54 per cent from two years ago, according to ...
TikTok sees significant growth in daily news consumption on its platform
TikTok sees significant growth in daily news consumption on its platform
Source: IANS
21/09/2022 12:03:58 PM
Instagram now to soon test ultra tall photos In a bid to match its full-screen reels, Meta-owned photo and video-sharing platform Instagram has confirmed that it will soon begin testing new 'ultra-tall photos'. According to The Verge, the company will introduce support for slimmer, taller 9:16 screen ratio photos to help them fill the entire screen as users scroll through the app's feed. Currently, the platform tops out around a 4:5 screen ratio when displaying vertical images that have been cropped accordingly and the...
Instagram now to soon test ultra tall photos
Instagram now to soon test ultra tall photos
Source: IANS
6/08/2022 3:39:13 PM
Short-video leader TikTok now plans own music streaming service  After dominating the short-video format market andAgiving jitters to Meta (formerly Facebook), TikTok parent company ByteDance is now eyeing the music streaming market with launching 'TikTok Music' and threatening the global players like Spotify, Apple Must and the rest. The company has filed a trademark application with the US Patent and Trademark Office for "TikTok Music". The application has been filed for "providing online non downloadable videos, non-do...
Short-video leader TikTok now plans own music streaming service
Short-video leader TikTok now plans own music streaming service
Source: IANS
30/07/2022 12:44:19 PM
TikTok rolling out maturity ratings, content filters for videos Short-video platform TikTok, facing a controversy in the US for sharing users' date with the Chinese government, on Wednesday introduced 'Content Levels' feature to help further safeguard the viewing experience. In the coming weeks, the platform will introduce an early version to help prevent content with overtly mature themes from reaching audiences between ages 13-17. A maturity score will be allocated to the concerned video to help prevent those under 18 from viewing it a...
TikTok rolling out maturity ratings, content filters for videos
TikTok rolling out maturity ratings, content filters for videos
Source: IANS
14/07/2022 9:13:48 AM
TikTok's parent company plans to enter VR space Short-video-making app TikTok's parent company ByteDance is most likely preparing to join the virtual reality (VR) space, media reports say. According to a source close to the issue, ByteDance aims to invest "tons of money" in VR-related content, citing a report from Protocol, The Verge reported on Saturday. Over 40 job listings have popped up for Pico, the Chinese VR headset maker ByteDance acquired last year, the report said. Most openings are for Pico Studios' we...
TikTok's parent company plans to enter VR space
TikTok's parent company plans to enter VR space
Source: IANS
12/06/2022 3:50:59 PM
Facebook Reels goes global with new money-making tools for creators Meta has launched its TikTok-rival short-video making app Facebook Reels for iOS and Android to more than 150 countries across the globe. To help creators earn money from Facebook Reels, the company said it is expanding tests of overlay ads, starting with banner and sticker ads. "New Facebook Reels features include Remix, sharing to Facebook Stories and more," Meta said in a statement late on Tuesday. "Watching video is half of time spent on Facebook and Instagram, and...
Facebook Reels goes global with new money-making tools for creators
Facebook Reels goes global with new money-making tools for creators
Source: IANS
23/02/2022 2:07:36 PM
TikTok is coming to LG's recent smart TVs Short video platform TikTok has launched an app for LG's 2020 and 2021 smart TVs, the TV manufacturer has announced. The app arrived on these recent webOS 5.0 and webOS 6.0 models with a firmware update that started rolling out on October 7, but will also be coming to older 2019 TVs "in the coming months". The app is launching in the UK, France and Germany, citing a TikTok representative The Verge reported on Friday. That's notable since TikTok's smart TV apps f...
TikTok is coming to LG's recent smart TVs
TikTok is coming to LG's recent smart TVs
Source: IANS
9/10/2021 10:06:43 AM
TikTok owner ByteDance launches share buyback after shelving IPO plans - Sources BEIJING - ByteDance, the Chinese owner of short video platform giant TikTok, launched a share buyback this week for current and former employees, two people with direct knowledge of the matter said on Wednesday. The buyback comes after ByteDance announced in April that it did not have imminent plans for a public listing. The company had planned to list some of its Chinese businesses including TikTok's Chinese version Douyin in Hong Kong, sources previously told Reuters. Last we...
TikTok owner ByteDance launches share buyback after shelving IPO plans - Sources
TikTok owner ByteDance launches share buyback after shelving IPO plans - Sources
Source: Reuters
27/05/2021 9:29:25 AM
ByteDance shelves Oracle-TikTok deal for US operations: Report  The exit of Donald Trump from the White House has reportedly led Beijing-based ByteDance to walk away from a deal to sell its popular short video-sharing platform TikTok's US operations to a group led by Cloud major Oracle. ByteDance lost interest in the deal after Joe Biden defeated Trump in the US presidential election, the South China Morning Post reported, citing an unnamed source. However, this does not mean that the talks with the US government are over. ByteDance is now...
ByteDance shelves Oracle-TikTok deal for US operations: Report
ByteDance shelves Oracle-TikTok deal for US operations: Report
Source: IANS
15/02/2021 4:26:31 PM