TikTok's Chinese version Douyin sued Tencent for monopolistic behaviour
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard

Tuesday
August 16, 2022

Sign In
Subscribe
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
TUESDAY, AUGUST 16, 2022
TikTok's Chinese version Douyin sued Tencent for monopolistic behaviour

South Asia

Reuters
02 February, 2021, 04:50 pm
Last modified: 02 February, 2021, 04:50 pm

Related News

  • YouTube's quarter shows problems Meta may face: TikTok, weakening economy
  • As Zuckerberg bets on TikTok-style videos, Meta heads for first-ever revenue drop
  • 'It's like drug abuse': JS body recommends banning TikTok
  • Social media revenue growth expected to slow as TikTok, Apple compete
  • Tiktok removes 3.4 million videos of Bangladeshi users in three months 

TikTok's Chinese version Douyin sued Tencent for monopolistic behaviour

Tencent restricts users from sharing douyin content on its chat apps which should be prohibited by anti-monopoly law, ByteDance added

Reuters
02 February, 2021, 04:50 pm
Last modified: 02 February, 2021, 04:50 pm
Photo: Reuters
Photo: Reuters

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)

World+Biz / Global Economy

Douyin / Tencent / TikTok

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • This is how people are choked with rising cost of living
    This is how people are choked with rising cost of living
  • File photo. Forty-four countries imported LNG last year, almost twice as many as a decade ago. Photo: Asim Hafeez/Bloomberg
    Unaffordability of LNG may leave new import terminals redundant: IEEFA
  • Photo: TBS
    5 crushed to death as BRT girder falls on car in Uttara

MOST VIEWED

  • FILE PHOTO: A closed Ceylon Petroleum Corporation fuel station displays the availability of all fuel types on a board due to fuel shortage, amid the country's economic crisis, in Colombo, Sri Lanka, June 27, 2022. REUTERS/Dinuka Liyanawatte
    S&P pushes Sri Lankan bonds deeper into junk territory with 'default' rating
  • Myanmar's then state counsellor, Aung San Suu Kyi, attending an invesmtent meeting in Naypyitaw, Myanmar, January 28, 2019. Photo :Reuters
    Myanmar court sentences Suu Kyi to six years prison in corruption cases
  • One such industrialist is India's billionaire businessman Mukesh Ambani. Photo: Collected.
    Man threatens Reliance's Mukesh Ambani, family, detained by Mumbai Police
  • Indian Prime Minister Narendra Modi inspects the honour guard during Independence Day celebrations at the historic Red Fort in Delhi, India, August 15, 2022. REUTERS/Adnan Abidi
    Modi says India aims to become developed nation in 25 years
  • Former Malaysian Prime Minister Najib Razak arrives at the Federal Court, in Putrajaya, Malaysia August 15, 2022. REUTERS/Hasnoor Hussain
    Malaysia ex-PM Najib begins final bid to set aside 1MDB conviction
  • Pakistani Prime Minister Imran Khan addresses the legislative assembly in Muzaffarabad, the capital of Pakistan-controlled Kashmir, on August 5. Photo: AFP via Getty Images via Foreign Policy
    Imran Khan hails India’s foreign policy, plays S Jaishankar video in rally

Related News

  • YouTube's quarter shows problems Meta may face: TikTok, weakening economy
  • As Zuckerberg bets on TikTok-style videos, Meta heads for first-ever revenue drop
  • 'It's like drug abuse': JS body recommends banning TikTok
  • Social media revenue growth expected to slow as TikTok, Apple compete
  • Tiktok removes 3.4 million videos of Bangladeshi users in three months 

Features

TBS Sketch

Bangabandhu and the spirit of Liberation War were killed in 1975

10h | Supplement
The macabre multicide: How we failed our supreme leader

The macabre multicide: How we failed our supreme leader

13h | Supplement
Bangabandhu Sheikh Mujibur Rahman with his eldest daughter Sheikh Hasina and his grandson Sajeeb Wazed at his Dhanmondi residence. Photo: Achieve

The darkest night of 15 August

15h | Supplement
As long as the Padma and the Meghna will flow…

As long as the Padma and the Meghna will flow…

16h | Supplement

More Videos from TBS

Public pay homage to Bangabandhu

Public pay homage to Bangabandhu

5h | Videos
What will happen if Ukraine's Zaporizhia nuclear plant explodes?

What will happen if Ukraine's Zaporizhia nuclear plant explodes?

6h | Videos
Bangabandhu Sheikh Mujibur Rahman, the undisputed leader

Bangabandhu Sheikh Mujibur Rahman, the undisputed leader

6h | Videos
How is Bangladesh benefited from receiving India's daily import quota?

How is Bangladesh benefited from receiving India's daily import quota?

7h | Videos

Most Read

1
Dollar crisis: BB orders removal of 6 banks’ treasury chiefs 
Banking

Dollar crisis: BB orders removal of 6 banks’ treasury chiefs 

2
From left Afzal Karim, Murshedul Kabir and Mohammad Jahangir
Banking

Sonali, Agrani and Rupali banks get new MDs

3
Photo: TBS
Bangladesh

5 crushed to death as BRT girder falls on car in Uttara

4
Dollar price drops by Tk8 in kerb market
Economy

Dollar price drops by Tk8 in kerb market

5
Representational Image. Photo: Collected
Bangladesh

Air passengers should plan extra commute time to airport: DMP

6
Photo: Collected
Transport

Will Tokyo’s traffic model solve Dhaka’s gridlocks?

EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2022
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]