Chinese ByteDance-owned news aggregation platform Jinri Toutiao (Toutiao) has reportedly launched a social commerce mobile app to challenge US$3 billion-worth Xiaohongshu platform. The mobile app was launched in October under the name of "Xincao". It has introduced itself as "a community that young people love" in its Apple Store download page. Its services are roughly […]

ByteDance’s Toutiao Launches Social Commerce App To Challenge US$3 billion-Worth Xiaohongshu appeared first on China Money Network.