China’s internet giants must step up opening their ‘walled gardens’, state media says, ahead of Tencent flagship game’s return to Douyin

China’s internet giants must step up opening their ‘walled gardens’, state media says, ahead of Tencent flagship game’s return to Douyin

“In the future, internet companies need to be more open-minded and inclusive to promote truly win-win cooperation in the industry,” the Securities Times article said. Increased collaboration between China’s major internet companies are expected to not only benefit consumers, but help further expand the industry, according to state media. Photo: Shutterstock While China’s gross domestic …

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Internet titans bury the hatchet as Tencent allows Douyin to air Honour of Kings videos amid ByteDance retreat

Internet titans bury the hatchet as Tencent allows Douyin to air Honour of Kings videos amid ByteDance retreat

Honour of Kings, the blockbuster video game from market leader Tencent Holdings, will return to ByteDance’s short video app Douyin as the two internet giants bury the hatchet following the TikTok owner’s decision to exit the sector. The Shenzhen-based social media and gaming giant and Beijing-based ByteDance have fought years of bidding wars over Chinese …

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