China techChinese tech gets harsh message from US crackdown on TikTok
Hostility in effect places market off-limits and raises global growth doubts
Statistics from Sensor Tower show that Alibaba's online shopping app AliExpress has logged more than 36 million downloads in the U.S. since 2014. Meanwhile, Tencent's messaging tool WeChat and JOYY's streaming app Likee have been downloaded at least 19 million times and 16 million times, respectively. (Photo by Ken Kobayashi)
COCO LIU, Nikkei Staff Writer
HONG KONG -- As the fate of the wildly popular streaming app TikTok hangs on complex negotiations between its Beijing-based parent company ByteDance and Microsoft, other Chinese software developers face a simpler lesson: forget about the U.S. market.