Kuaishou

Tencent seeks up to $1.55B from Kuaishou stake sale

Tencent Holdings is seeking to raise as much as $1.55 billion by selling part of its stake in Chinese short-video platform Kuaishou Technology, according to a term sheet reported by Reuters on Monday.

Kling AI raises $2B as Kuaishou eyes Hong Kong IPO

Kuaishou Technology's spun-off AI video unit Kling AI has secured an initial $2 billion in venture capital funding, valuing the company at approximately $18 billion post-money, as the Chinese startup positions itself for a Hong Kong initial public offering within…