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PANews reported that Douyin’s usage time exceeded WeChat’s for the first time, with ByteDance-affiliated apps’ share of usage time reaching 40.9%, while Hongguo’s daily active users surpassed 168000000。
Li Liang said the “Byte time” characterization was imprecise, while Qin Shuo cited report data indicating that ByteDance-affiliated apps’ share of usage time had exceeded 40%. Hongguo Short Drama also denied rumors of annualized revenue of approximately 40000000000 yuan.