TikTok’s Chinese version Douyin sued Tencent for monopolistic behaviour

TikTok’s Chinese version Douyin sued Tencent for monopolistic behaviour

TikTok's Chinese version Douyin sued Tencent for monopolistic behaviour Tencent restricts users from sharing douyin content on its chat apps    BEIJING - ByteDance's Chinese short video app Douyin has filed a complaint with a court in Beijing to sue Tencent for monopolistic behaviour and asked for 90 million yuan ($13.94 million) in compensation, ByteDance said on Tuesday.Tencent restricts users from sharing douyin content on its chat apps which should be prohibited by anti-monopoly law, ByteDance added.($1 = 6.4561 Chinese yuan renminbi)(Reporting by Yingzhi Yang in Beijing and Brenda Goh in Shanghai, Additional reporting by Pei Li, editing by Ed Osmond) (([email protected]; +861056692133;))Zawya CoveragelegalUAE citizenship amendment is 'symbolically significant': Moody'sfinancial servicesUAE central bank names new vice governorreal estateWhy UAE real estate investors have reason to be optimistic in 2021equitiesSaudi's National Building gets new CEOfundsAbu Dhabi pension fund to acquire 31% stake in ADNOC property vehicle for $900mlnMoreReuters CoveragegrainsLowest offer at Egypt's GASC tender at $293.75/T for 60,000T French wheat- tradersvaccineMalaysia says its delivery of Pfizer vaccines on trackhealthPM Suga says Japan plans to start vaccinations in mid-Februaryoil and gasVenezuela's PDVSA boosts oil exports in January due to new clients -databondsFirst Abu Dhabi Bank markets sterling-denominated bonds - documentMore Most Read