Close Menu
USTaxNews.live – Your Trusted Source for U.S. Tax & Finance Updates
  • Home
  • Audit
  • Finance
  • IRS
  • Legal
  • Tax News
  • Tax preparation
  • Tax Tips
  • USA Accounting
What's Hot

We’re Not Rich, but We’re Raising Our Kids in the Hamptons

November 7, 2026

My Friend Lives With Me and My Kids, and We’ve Both Saved Money

November 7, 2026

I Taught My Senior Dog Pilates and Started a Business

November 7, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated

Subscribe to USTaxNews

* indicates required

Subscribe for Tax Updates

Get the latest IRS news, tax tips, and deadlines delivered to your inbox.

style="display:none">
Facebook X (Twitter) Instagram
USTaxNews.live – Your Trusted Source for U.S. Tax & Finance Updates
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
  • Home
  • Audit
  • Finance
  • IRS
  • Legal
  • Tax News
  • Tax preparation
  • Tax Tips
  • USA Accounting
USTaxNews.live – Your Trusted Source for U.S. Tax & Finance Updates
Home » ByteDance’s Short-Drama App Is Turning Into China’s Latest Obsession
Audit

ByteDance’s Short-Drama App Is Turning Into China’s Latest Obsession

EditorBy EditorOctober 16, 2026No Comments2 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


Forget three-hour movies. China is getting hooked on bite-sized dramas — and ByteDance’s Hongguo app is becoming one of the country’s biggest platforms for streaming them.

In August, ByteDance’s apps accounted for 41.8% of the time users spent on China’s 50 biggest mobile apps, up from 34.2% a year earlier. The figures come from Nomura’s China Internet and New Media Monthly App Tracker, published October 5.

Much of that growth came from its two apps: Douyin, the Chinese version of TikTok, and Hongguo, a streaming platform focused on short dramas.

Hongguo ranks fourth among the country’s biggest apps, behind ByteDance’s Douyin and its Lite version, as well as WeChat.

At the same time, China’s long-form streaming services are losing ground. In August, the monthly time Chinese users spent on iQIYI, Tencent Video, and Mango TV fell by 35%, 40%, and 27%, respectively, year-on-year.

Short dramas on the rise

Launched in 2023, Hongguo is essentially TikTok for short dramas, operating on a free, ad-supported model.

Chinese data firm QuestMobile said the platform had nearly 370 million users as of June.

Hongguo is riding a broader short-drama boom in China. These shows are made for phone screens, with episodes lasting several minutes and storylines ranging from high-stakes romance and revenge to fantasy and family feuds.

The format is taking off overseas, too. Tech market analysis firm Omdia expects the US, its largest market outside China, to generate roughly half of the $3 billion in international short-drama revenue forecast for this year.

Want more Business Insider in your news feed?

Add BI in Google so our reporting is easier to find when you’re searching for what matters.

Omdia puts global short-drama revenue at about $11 billion in 2025 and expects it to climb to $14 billion by the end of this year.

The format has also become a testing ground for AI-made video.

Speaking more broadly about the industry at the DBS Asia Future Forward Conference in Singapore on Monday, TikTok CEO Shou Zi Chew said AI video tools can help brands create ads at a fraction of the usual cost, a trend he said is already playing out in China’s short-drama industry. TikTok and Hongguo are both owned by ByteDance.

Chew said he believed the “overwhelming majority” of short dramas now being produced use AI models, including ByteDance’s Seedance.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Editor
  • Website

Related Posts

We’re Not Rich, but We’re Raising Our Kids in the Hamptons

November 7, 2026

My Friend Lives With Me and My Kids, and We’ve Both Saved Money

November 7, 2026

I Taught My Senior Dog Pilates and Started a Business

November 7, 2026
Leave A Reply Cancel Reply

News
Finance

Cosm rides premium moviegoing wave with more immersive screenings

Cosm’s Dallas venue.Courtesy of CosmThe next big thing in premium large format theatrical viewing takes…

Tesla to wind down Cybertruck production in Texas next year

November 6, 2026

Automakers face a tougher 2027 as costs rise, market tightens

November 6, 2026
Top Trending
IRS

IRS updates 2027 tax brackets and raises standard deduction to $16,600

The Big Money Show analyzes the latest tax votes as Florida voters…

IRS

IRS CEO Frank Bisignano says mobile app will combat fraud and theft

IRS CEO Frank Bisignano says the agency’s new mobile app will let…

IRS

Chinese national detained, indicted in $360K fake Microsoft tech support scam

Rep. Brett Guthrie, R-Ky., discusses how the United States should handle the…

Subscribe to News

Please enable JavaScript in your browser to complete this form.
Loading

Welcome to USTaxNews.live – Your Trusted Source for U.S. Tax, Accounting, and Financial News.

At USTaxNews.live, we’re committed to delivering accurate, timely, and practical information on everything related to U.S. taxes, IRS updates, legal issues, accounting practices, and the broader financial landscape. Whether you’re a taxpayer, accountant, legal professional, or business owner, we’re here to help you stay informed and ahead of change.

Our Picks

Mark Zuckerberg threatened to leave California over proposed billionaire tax, Meta says

October 22, 2026

California billionaire tax could leave state with less revenue, Stanford study cautions

October 19, 2026

California’s proposed billionaire tax: How does it add up?

October 18, 2026

Subscribe to Updates

Please enable JavaScript in your browser to complete this form.
Loading
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 ustaxnews. Designed by ustaxnews.

Type above and press Enter to search. Press Esc to cancel.