Rumors have been floating for months that ByteDance is going public with TikTok and Douyin separately. Just last night, Bloomberg reported that ByteDance is seeking a pre-IPO round of $2 billion at a staggering valuation of $180 billion. Before any of that materializes, ByteDance Chinese rival Kuaishou moved ahead to file for an initial public … Continue reading China’s cash-burning video sector: How Kuaishou lost $1B in 6 months