Source: South China Morning PostShort video-sharing app operator Kuaishou Technology reported on Monday a 37 per cent gain in first-quarter revenue, after TikTok-owner ByteDance’s biggest Chinese rival delved deeper into e-commerce and advertising.The Beijing-based company’s revenue surged to 17 billion yuan (US$2.65 billion) for the three months ended March, compared with the 16.9 billion yuan projected by China Renaissance. Its net loss, however, widened to 57.8 billion yuan, compared with 30.5 billion yuan a year earlier…Read More