The Great Firechat

#48 - The Review Revolution, LARPing, and Didi's $1bn fine


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This week we are all about how to front-run the opportunity:

Bytedance is making an Instagram copy in China to compete with RED, but does the West need a RED copy?

With a mess of review platforms in the West, we think it’s time for a review revolution!

Didi's year-long data debacle seems to finally be at an end with one big last fine. Chinese gaming companies increasingly look overseas, while Chinese look for new ways to play games, like LARPing, which has apparently become big enough to cause some problems. Enjoy!


1) Bytedance to launch KeSong 可颂 'criossant' - Instagram-copy to compete with Xiaohongshu in China

2) The jury is out - Didi fined USD 1Billion

3) Netease opens new gaming studio in Seattle focused on first-person narrative action 

4) China’s Communist Party cracks down on larping

5) Kevin explains Suprapps to the Wall Street Journal


BONUS

  • translation of a chinese article on the birth of Douyin/TikTok
  • Original Article in Chinese 
...more
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The Great FirechatBy Kevin and Adeh