Brief: Huanxi Media Group Says Unit Entered Into Cooperation Agreement With Beijing Bytedance Network Technology
24/01/2020 01:10
Jan 24 (Reuters) - Huanxi Media Group Ltd 1003.HK :
* UNIT ENTERED INTO COOPERATION AGREEMENT WITH BEIJING
BYTEDANCE
NETWORK TECHNOLOGY LTD
* BYTEDANCE SHALL PAY TO HUAN HUAN XI XI AT LEAST RMB630
MILLION
* HUAN HUAN XI XI AND BYTEDANCE WILL CARRY OUT COOPERATION
IN
SEVERAL FIELDS IN RELATION TO ONLINE VIDEOS
Source text for Eikon: urn:newsml:reuters.com:*:nHKS2PPTnh
Further company coverage: 1003.HK
((Reuters.Briefs@thomsonreuters.com;))
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