Douyin establishes the new company Lingjing Interactive Entertainment Technology.
According to the QiChaCha app, recently, Lengjing Huyu (Shenzhen) Technology Co., Ltd. was established, with Mo Jiawei as the legal representative. Its business scope includes: second-class value-added telecommunications services; internet information services; internet gaming services; and online cultural operations, etc. According to equity penetration data from QiChaCha, the company is indirectly wholly owned by Douyin Limited Company.
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