We talk about a lot of business disputes in the United States in this blog and they come in all shapes and sizes. You wouldn’t immediately think so, but China is starting to see more disputes among its technology companies, too.
Douyin – the Chinese version of the short video app TikTok – Tencent complained on Tuesday, alleging that the Shenzhen-based social media company has abused its ‘market dominance’ to knock out rivals. Douyin, which, like TikTok, is owned by Beijing-based ByteDance, has filed a lawsuit. claim that Tencent’s WeChat and QQ messaging apps will ban their users from sharing content from Douyin for three years, the company said on Tuesday in a statement it released on its official WeChat account.
While no one has seen the lawsuit filed in the Beijing Intellectual Property Court, several state media, including the Beijing Daily, have reported that Douyin Tencent is asking for the content restrictions to be lifted and paid 90 million yuan ($ 14 million). to pay economic losses and fees.
“We believe competition is better for consumers and promotes innovation,” a Douyin spokesperson said in a statement to CNN Business. “We have filed this lawsuit to protect our rights and those of our users.”
Tencent fired back, saying in its own statement to WeChat on Tuesday that it also plans to sue ByteDance.
“ByteDance’s pertinent allegations are purely false and malicious framing,” said Tencent. It accused Douyin of “illegally obtaining information from WeChat users” and violating consumer rights.
ByteDance and Tencent are two of the biggest players on Chinese social media. Tencent’s WeChat has more than 1.2 billion monthly active users, while the QQ app has nearly 700 million monthly active users. ByteDance’s Douyin does not publish monthly figures, but it did say last month that it has an average of 600 million active users per day.
The truth wherever in the world you find human beings, wait a few minutes and you’ll find legal disputes. When those nasty things including contract issues, nuisance ADA claims, landlord-tenant matters and even collections affect YOU and YOUR business, call in the good guy business litigator, Dean Sperling to resolve YOUR matter with YOUR best interests in mind!