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TikTok-owner ByteDance looks to cloud amid China platform crackdown

Unit launches 78 services as it pushes into area dominated by Alibaba, Tencent

Unicorn ByteDance wants to diversify beyond its mainstay consumer-facing apps as Beijing ramps up scrutiny of tech giants.    © Reuters

Chinese short-video behemoth ByteDance is getting into the cloud business.

Volcano Engine, a brand launched by the TikTok operator in the summer, has announced a series of enterprise cloud services in a major step into a market dominated by larger rivals Alibaba and Tencent.

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