Logo 08 Nov 2022

Kuaishou sells golden share

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Over the past few days, foreign media has made a fuss over state-owned Beijing Radio and Television Station (BRTV) taking a 1% stake in one of Kuaishou’s onshore subsidiaries.

ICYDK, Kuaishou is China's second-biggest short video platform.

Why the excitement: The stake appears to be a "golden shar...