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The market reception for the livestreaming specialist bodes well for a future IPO of ByteDance
Chinese video app’s market debut is biggest in tech sector since Uber offering in 2019
Video sharing app is pivoting business model to advertising and ecommerce
In the longer term, online tipping exposes the country’s second-biggest short video app to official disapproval
Deal a measure of investor demand for Chinese tech groups as Beijing cracks down on sector
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