TikTok vs. Kuaishou in China and Southeast Asia: Which App Rules the Short-Form Video Market?

TikTok boasts over 109 million users in Indonesia, while Kuaishou has 640 million users in China. Explore which short-form video app dominates in China and Southeast Asia!

BlogGuest User6 November 2024TikTok, Kuaishou, SEA, SoutheastAsia, SoutheastAsiaMarket, chinaComment

China’s Music Industry Change Its Tune on Copyright Protections

The digital music industry in China is estimated to generate annual revenue of CNY 26.94 billion in 2022, according to Statista. Nearly 60% of the market increase is a manifestation of the commercialization of the market. At the same time, it has linked up and downstream enterprises in the music industry chain, bringing new opportunities for the development of the music streaming platforms in China.

Southeast Asia is Integrating Fragmented Digital Payment Market

Southeast Asia has become a focus area for all parties in the digital payment industry. However, the market is quite fragmented, with competition and collaboration amongst e-wallet-based mobile payment operators, acquirers, and traditional card-based issuers, as well as settlement networks.