PREVIEW

... capital market.

In recent years, short videos weren't anything out of the ordinary, some missed out while others seized the opportunity.

Even programs like Tencent's Weishi, nurtured as a favorite child, were beaten down by TikTok.

These were all platform-level companies, but a top internet celebrity company like Teng You Media, which relied on developing internet celebrities early on and raced to an eighty billion valuation, caught many big capitals by surprise.

...

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