BEIJING - ByteDance rival Kuaishou Technology, a short video app developer, has reached a total of 1 billion global monthly active users, Kuaishou chief excutive Su Hua said in a statement on Wednesday.

The Tencent-backed company operates Kuaishou for the Chinese market, and Kwai and Snack Video for markets outside China.

(Reporting by Yingzhi Yang and Tony Munroe; Editing by Jacqueline Wong) ((Yingzhi.Yang@thomsonreuters.com; +861056692133;))