Is This Tencent Backed Video Platform The Next Big Tech IPO? 📸
“People familiar with the matter” are reporting that Chinese video app, Kuaishou, plans to hold an IPO next year. Alex and Nick discuss how the Tencent backed video sharing app is positioning itself as a competitor to ByteDance’s social video darling, TikTok.
This is an excerpt from episode 24 of Winner Take All. Watch the full episode here: youtu.be/b0KrzpoGT6o
China Video App Seeks Funds at $25 Billion Value Before IPO
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