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There Is No TikTok in China, but There Is Douyin. Here’s What It Is. [1]
['Claire Fu', 'Daisuke Wakabayashi']
Date: 2024-04-25
In China, there is no TikTok. There is only Douyin.
After President Biden signed a bill on Wednesday forcing Chinese company ByteDance to sell its ownership of TikTok, the United States moved one step closer to an internet without the short video app. The legislation opened the door to a possible ban of the social media platform if TikTok fails to find a U.S. government-approved buyer within a year.
Douyin is also owned by ByteDance. It is a staple of the Chinese internet the way TikTok is in the rest of the world. But because it has no presence outside China, Douyin, which means a “shaking sound” in Chinese, is not as well known globally.
But Douyin is critical to ByteDance’s finances. Its continued success will be a significant factor in how the parent company assesses what it plans to do with TikTok. Will ByteDance succumb to political demands from Washington, or will it refuse to sell TikTok and face the consequences?
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[1] Url:
https://www.nytimes.com/2024/04/25/business/china-tiktok-douyin.html
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