B · Normal
[Douyin establishes light and shadow technology company, including performance brokerage business] On November 11, Beijing Douyin Light and Shadow Technology Co., Ltd. was established. Its business scope includes multi-channel distribution services of Internet information content; ticket agency services; performance brokerage, etc. QiChacha’s equity penetration shows that the company is indirectly wholly-owned by Douyin Group (Hong Kong) Co., Ltd.
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