HONG KONG -- Tencent Holdings-backed Kuaishou Technology, which operates China's second-largest short-video platform after ByteDance-owned Douyin, has filed a lawsuit against its larger rival, shedding light on the intense competition in the country's multibillion-dollar streaming market.
The dispute started as Beijing-based Kuaishou alleged that searching for the keyword "Kuaishou" on 360 Mobile Assistant, a major app store in China, leads users to a paid advertisement on Douyin, rather than its own app, according to a Beijing court filing released on Wednesday.
