Douyin

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TikTok Owner ByteDance Launched Its Own Payment Service

ByteDance acquired a payment license when it bought a payments solution provider called Wuhan Hezhong Yibao Technology in 2020. The license allows Douyin to offer payment features.
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Google's YouTube Plans to Create a TikTok Rival

YouTube is going to launch its own analog of TikTok. The new app will be called Shorts, and it will provide access to a massive catalog of licensed music.

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