TikTok and Tencent: The Clash of Titans Over Fair Competition

商业财经2021-02-18 11:33:19 34
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On February 2nd, 2021, Tiktok purported that it had filed litigation in Beijing's Intellectual Court against Tencent over alleged monopolistic behavior, with a claim amounting to a sum of RMB 90 million. As one of the most popular Chinese short video apps, Tiktok has approximately 600 million daily active users. Tencent, as one of the biggest social media giants, is the operator of both QQ and WeChat, two of the most popular social media apps in China. Let’s discuss this ongoing battle of the internet giants today.

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