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Sources: Kuaishou, ByteDance's main rival in China, has raised $5.4B in its Hong Kong IPO, valuing the short video startup at $61B

Bloomberg Julia Fioretti

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  • @next_china Bloomberg Next China on x
    Kuaishou, the operator of China's most popular video app after ByteDance's Douyin, raised $5.4 billion in the world's biggest internet IPO since Uber https://www.bloomberg.com/...