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China punishes Tencent, ByteDance apps in renewed clampdown

Bloomberg
Bloomberg • 2 min read
China punishes Tencent, ByteDance apps in renewed clampdown
China has penalized 10 of the country’s most popular livestreaming apps, suspending some of their operations in a renewed crackdown on fast-growing services backed by Tencent Holdings Ltd. and ByteDance Ltd.
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