By Finance Pulse in BYND —

ByteDance Faces Scrutiny Over Douyin Scams Amid Economic Slowdown

Amid China's economic slowdown, ByteDance's Douyin platform is under scrutiny as fraudsters exploit it for scams. ByteDance has yet to comment on the issue.

A sleek and modern illustration showing a smartphone with the Douyin app logo, surrounded by digital
ByteDance Faces Scrutiny Over Douyin Scams Amid Economic Slowdown

ByteDance, owner of Douyin, did not respond to Reuters requests for comment.

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