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Tencent Holdings is stepping up efforts to earn money from WeChat’s fast-growing video function, which is challenging popular short video platforms such as ByteDance’s Douyin and Kuaishou Technology, as the Chinese internet giant seeks new ways to expand sales and profits.
Tencent makes a move to turn WeChat’s short-video function Channels into a money pot through ads and e-commerce tool comes via ChinaTechNews.com.