Jul 19, 2022 08:26 PM

Tech Insider: Coal Giant Buys Into Missfresh, Chip Chief Probed

Employees package groceries for delivery at a Missfresh warehouse, operated by Beijing Missfresh Ecommerce Co., in Beijing. Photo: VCG

Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene.

Douyin, iQiyi bury hatchet with licensing deal

Douyin, the domestic version of ByteDance’s TikTok, has signed a deal with Baidu-backed longform video streamer that allows the short video platform’s users to legally post clips made from films and other licensed content.

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