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Kwai (app)
Kuaishou Technology ( zh, c=快手, l=quick hand) is a Chinese publicly traded partly State-owned enterprises of China, state-owned holding company based in Haidian District, Beijing, that was founded in 2011 by Hua Su (宿华) and Cheng Yixiao (程一笑). The company, listed on the Hong Kong Stock Exchange, is known for developing a mobile app for video sharing, sharing users' short videos, a Social networking service, social network, and video special effects editor. The app is known as Kwai in many countries outside of China. It is also known as Snack Video in India, Pakistan and Indonesia. As of 2019, it has a worldwide user base of over 200million, leading the "Most Downloaded" lists of the Google Play and Apple App Store in eight countries, such as Brazil, where it was introduced in 2019. Its main competitor is Douyin, which is known as TikTok outside China. Kuaishou's overseas team is led by the former CEO of the application 99, and staff from Google, Facebook, Netflix, ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Special Effect
Special effects (often abbreviated as F/X or simply FX) are illusions or visual tricks used in the theatre, film, television, video game, amusement park and simulator industries to simulate the fictional events in a story or virtual world. It is sometimes abbreviated as SFX, but this may also refer to ''sound effects''. Special effects are traditionally divided into the categories of mechanical effects and optical effects. With the emergence of digital filmmaking a distinction between special effects and visual effects has grown, with the latter referring to digital post-production and optical effects, while "special effects" refers to mechanical effects. Mechanical effects (also called practical or physical effects) are usually accomplished during the live-action shooting. This includes the use of mechanised props, scenery, scale models, animatronics, pyrotechnics and atmospheric effects: creating physical wind, rain, fog, snow, clouds, making a car appear to drive by ...
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Central Committee Of The Chinese Communist Party
The Central Committee of the Chinese Communist Party, officially the Central Committee of the Communist Party of China, is the Central committee, highest organ when the National Congress of the Chinese Communist Party, national congress is not in session and is tasked with carrying out congress resolutions, directing all party work, and representing the Chinese Communist Party (CCP) externally. It is currently composed of 205 full members and 171 alternate members (see 20th Central Committee of the Chinese Communist Party, list). Members are nominally elected once every five years by the National Congress of the Chinese Communist Party. In practice, the selection process is done privately, usually through consultation of the CCP's Politburo of the Chinese Communist Party, Politburo and its corresponding Politburo Standing Committee of the Chinese Communist Party, Standing Committee. The Central Committee is, formally, the "party's highest organ of authority" when the National C ...
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People's Daily
The ''People's Daily'' ( zh, s=人民日报, p=Rénmín Rìbào) is the official newspaper of the Central Committee of the Chinese Communist Party (CCP). It provides direct information on the policies and viewpoints of the CCP in multiple languages. It is the largest newspaper in the China, People's Republic of China (PRC). History The paper was established on 15 June 1948 and was published in Pingshan County, Hebei. It was formed from the merger of the ''Jin-Cha-Ji Daily'' and the newspapers of the Jin-Ji-Lu-Yu base area. On 15 March 1949, its office was moved to Beijing, and the original People's Daily Beijing edition was renamed ''Beijing Liberation Daily''. The newspaper ceased publication on 31 July 1949, with a total of 406 issues published. Since the newspaper was the official newspaper of the North China Central Bureau of the CCP, it was historically known as the ''North China People's Daily'' or the ''People's Daily North China Edition''. At the same time, in order ...
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China Central Television
China Central Television (CCTV) is the State media, national television broadcaster of China, established in 1958. CCTV is operated by the National Radio and Television Administration which reports directly to the Publicity Department of the Chinese Communist Party. CCTV has a variety of functions, such as news communication, social education, culture, and entertainment information services. It is a key player in the Chinese government's Propaganda in China, propaganda network. Freedom House and The Guardian commented that CCTV's reporting about topics sensitive to the Chinese government and the Chinese Communist Party (CCP) is distorted and often used as a weapon against the party's perceived enemies. History In 1954, CCP Chairman of the Chinese Communist Party, chairman Mao Zedong put forward that China should establish its own TV station. On 5 February 1955, the central broadcasting bureau reported to the State Council of the People's Republic of China, State Council and ...
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Tencent
Tencent Holdings Ltd. ( zh, s=腾讯, p=Téngxùn) is a Chinese Multinational corporation, multinational technology Conglomerate (company), conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimedia companies in the world based on revenue. It is also the world's largest company in the video game industry based on its equity investments. Founded in 1998, its subsidiaries globally market various Internet-related services and products, including in entertainment, Artificial intelligence industry in China, artificial intelligence, and other technology. Its twin-skyscraper headquarters, Tencent Binhai Mansion, Tencent Seafront Towers (also known as Tencent Binhai Mansion) are based in the Nanshan District, Shenzhen, Nanshan District of Shenzhen. In December 2023, architect Büro Ole Scheeren unveiled the latest helix-inspired design of Tencent's new global headquarters in Shenzhen. Known as Tencent Helix, it will accommodate more than 2 ...
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Investment Round
A securities offering (or funding round or investment round) is a discrete round of investment, by which a business or other enterprise raises money to fund operations, expansion, a capital project, an acquisition, or some other business purpose. Components of a round Hallmarks of an offering include the following (though none are an absolute requirement in every circumstance): *A prospectus, private placement memorandum, or other document used to advertise the availability and terms of the offering, and to provide disclosure of information investors will need for their due diligence efforts *A securities filing with relevant state and/or federal regulators *Various contracts and documents by which the securities are sold such as a subscription agreement, a stock purchase agreement, and a convertible note (which documents a type of convertible security) or other loan document *Various subsidiary or related agreements such as a buy-sell agreement, investor rights agreement, p ...
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Baidu
Baidu, Inc. ( ; ) is a Chinese multinational technology company specializing in Internet services and artificial intelligence. It holds a dominant position in China's search engine market (via Baidu Search), and provides a wide variety of other internet services such as Baidu App (Baidu's flagship app for search and newsfeed), Baidu Baike (an online user created Wikipedia-like encyclopedia), iQIYI (a video streaming service), and Baidu Tieba (a keyword-based discussion forum similar to Reddit). Besides its core internet search business, Baidu has diversified into several high-growth areas. The company is a leading player in autonomous driving (Baidu Apollo), and smart consumer electronics (Xiaodu). With over a decade of investment in artificial intelligence, Baidu is one of the few tech companies globally to offer a full-service AI stack, including software, chips, cloud infrastructure, foundation models, and applications. The holding company of the group is incorpo ...
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Google
Google LLC (, ) is an American multinational corporation and technology company focusing on online advertising, search engine technology, cloud computing, computer software, quantum computing, e-commerce, consumer electronics, and artificial intelligence (AI). It has been referred to as "the most powerful company in the world" by the BBC and is one of the world's List of most valuable brands, most valuable brands. Google's parent company, Alphabet Inc., is one of the five Big Tech companies alongside Amazon (company), Amazon, Apple Inc., Apple, Meta Platforms, Meta, and Microsoft. Google was founded on September 4, 1998, by American computer scientists Larry Page and Sergey Brin. Together, they own about 14% of its publicly listed shares and control 56% of its stockholder voting power through super-voting stock. The company went public company, public via an initial public offering (IPO) in 2004. In 2015, Google was reorganized as a wholly owned subsidiary of Alphabet Inc. Go ...
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The Economist
''The Economist'' is a British newspaper published weekly in printed magazine format and daily on Electronic publishing, digital platforms. It publishes stories on topics that include economics, business, geopolitics, technology and culture. Mostly written and edited in London, it has other editorial offices in the United States and in major cities in continental Europe, Asia, and the Middle East. The newspaper has a prominent focus on data journalism and interpretive analysis over News media, original reporting, to both criticism and acclaim. Founded in 1843, ''The Economist'' was first circulated by Scottish economist James Wilson (businessman), James Wilson to muster support for abolishing the British Corn Laws (1815–1846), a system of import tariffs. Over time, the newspaper's coverage expanded further into political economy and eventually began running articles on current events, finance, commerce, and British politics. Throughout the mid-to-late 20th century, it greatl ...
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Golden Share
In business and finance, a golden share is a type of share of stock that lets its owner outvote all other shareholders in certain circumstances. Golden shares often belong to the government when a government-owned company is undergoing the process of privatization and transformation into a stock-company. Purpose This share gives the government organization, or other shareholder, the right of decisive vote in a shareholder meeting. Usually this will be implemented through clauses in a company's articles of association, and will be designed to prevent stakebuilding above a certain percentage ownership level, or to give a government, or other shareholder, veto powers over any major corporate action, such as the sale of a major asset or subsidiary or of the company as a whole. In the context of government-owned golden shares, this share is often retained only for some defined period of time to allow a newly privatised company to become accustomed to operating in a public environmen ...
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TikTok
TikTok, known in mainland China and Hong Kong as Douyin (), is a social media and Short-form content, short-form online video platform owned by Chinese Internet company ByteDance. It hosts user-submitted videos, which may range in duration from three seconds to 60 minutes. It can be accessed through a mobile app or through its website. Since its launch, TikTok has become one of the world's most popular social media platforms, using recommendation algorithms to connect Content creation, content creators and influencers with new audiences. In April 2020, TikTok surpassed two billion mobile downloads worldwide. Cloudflare ranked TikTok the List of most-visited websites, most popular website of 2021, surpassing Google Search, Google. The popularity of TikTok has allowed viral trends in TikTok food trends, food, fashion, and TikTok Billboard Top 50, music to take off and increase the platform's Cultural impact of TikTok, cultural impact worldwide. TikTok has come under scrutiny d ...
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