BEIJING -- ByteDance has acquired a 30% stake in online sports content platform Hupu Sports Media for 1.26 billion yuan ($180 million).
China tech
China's ByteDance buys 30% stake in Hupu Sports for $180m
Investment beefs up content for operator of TikTok video sharing app
ByteDance streams highlights of National Basketball Association games via TikTok and other mobile platforms. © Reuters
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