Douyin’s screen time limit is “100% the bigger trend,” says Stanley Chao, ex-president of Kingston Technology
“No question, these restrictions are going to hurt the bottom line,” he said, “and that’s why all their stock prices are getting hammered and will continue to get hammered as analysts lower projections.”
What’s been going on at Douyin?
* Douyin, which is China’s version of TikTok, announced