Source: Tech – South China Morning PostKuaishou Technology, the operator of China’s second-largest short video app, is expanding aggressively in South America and Southeast Asia as the company seeks new growth outside its home market.The company plans to spend US$1 billion to increase its overseas user base this year and has already spent US$250 million in the first three months while TikTok, the rival global short video app owned by Beijing-based ByteDance, plans to spend a minimum of US$100 million in Brazil without an upper limit…Read More