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The variety of Chinese language brief video customers exceeded 1 billion as of December 2022, up 8.3% year-on-year, in response to the China Web Community Info Heart (CNNIC) on Wednesday. The determine signifies that 70% of China’s inhabitants have accessed brief movies, in response to the report. Douyin and Kuaishou dominate the Chinese language brief video market, with the previous topping 600 million customers in 2020, the final time it formally launched consumer information. Kuaishou recorded 363.4 million day by day lively customers within the third quarter of 2022. Chinese language on-line retailer Pinduoduo, meals supply large Meituan, and Tencent tremendous app WeChat are additionally investing closely of their brief video providers as cross-sector competitors will increase. [CNNIC, in Chinese]
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