TikTok rival Kuaishou goes public
Chinese video app Tiktok's biggest competitor is going public in Hong Kong on Friday. The company is expected to reach a market valuation of $60 billion at the start of trading. Although Kuaishou's business is growing rapidly, the startup is struggling with several problems. International expansion has been slow. Recent tighter laws in China are also slowing Kuaishou down.
04. February 2021
04. February 2021
Last updated: 24. July 2025
Share article: