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Tencent Video Denies Cooperation With Kuaishou on Long-Form Videos
Meanwhile, Baidu-backed video streaming platform iQIYI and ByteDance’s short video app Douyin have just announced a new cooperation deal, under which the two sides will jointly explore secondary creation and the promotion of long-form video content.
Tencent Video issued a statement denying reports of its strategic cooperation with short video streaming platform Kuaishou on the secondary creation of long-form videos on yesterday.
$TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $BIDU-SW (09888.HK)$ $Baidu (BIDU.US)$ $ByteDance (FT0001)$ $ByteDance Ecosystem (LIST1266.HK)$ $iQIYI (IQ.US)$ $IQiyi Concept (LIST0706.SH)$ $Hang Seng TECH Index (800700.HK)$ $China Concept Stocks (LIST2517.US)$ $Short Videos (LIST1306.HK)$ $Short Video (LIST0319.SH)$
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