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Filing: Chinese AI chip startup Biren raises ~$717M in its Hong Kong IPO; institutional and retail tranches were oversubscribed ~26x and ~2,348x, respectively (Himanshi Akhand/Reuters)

Himanshi Akhand / Reuters : Filing: Chinese AI chip startup Biren raises ~$717M in its Hong Kong IPO; institutional and retail tranches we...

16 November 2023

Source: ByteDance's Douyin tests letting creators with 100K+ followers add paywalls to their videos; local Chinese media reports Douyin takes a 30% cut (Josh Ye/Reuters)

Josh Ye / Reuters:
Source: ByteDance's Douyin tests letting creators with 100K+ followers add paywalls to their videos; local Chinese media reports Douyin takes a 30% cut  —  TikTok owner ByteDance is testing a paywall feature for content creators on its short video platform Douyin in China …

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