ByteDance's Douyin and Tencent bury hatchet, reach video cooperation pact

FILE PHOTO: A logo of Tencent is seen at its booth at the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 4, 2020. REUTERS/Tingshu Wang

BEIJING (Reuters) -Douyin, the Chinese counterpart of TikTok, and internet giant Tencent have agreed to explore the joint promotion of short and long videos, in a thawing of frosty relations that has often been marked by lawsuits and public spats.

Douyin, which like TikTok is owned by ByteDance, said in a statement it is now authorised to use Tencent Video content and rules about how secondary content can be generated have been clarified.