BEIJING, April 18 (Reuters) - Kuaishou Technology 1024.HK on Friday announced measures to help exporters in China expand their domestic markets, becoming the latest such firm to do so amid an escalating U.S.-China trade war.
Measures include providing internet traffic and subsidies for qualified export products, the company said in a statement.
Kuaishou, a major Chinese short video platform, is often seen as a rival to Douyin, TikTok's sister app in China.
(Reporting by Beijing Newsroom;Editing by Alison Williams)
((Shi.Bu@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.