TikTok released a statement Thursday that its parent company ByteDance has reached a rudimentary agreement with Oracle and Walmart after months of confrontation between the hit short video app and the White House over national security concerns.
With the rising popularity of podcasting in the past decade, short video platform Kuaishou is stepping into the realm with a new podcast app.
ByteDance, the parent company of popular short video app TikTok, has rejected Microsoft, the first publicly known bidder of the app’s American arm.
On Aug. 31, M Woods Art completed a new round of financing from Pop Mart, the trend-setting designer toy chain that is about to go public in Hong Kong.
ByteDance has completed its acquisition of a payment business license, completing the last pillar of its ownership of a full range of digital payment business licenses in China, which will allow it to conduct various forms of financial services.
Chinese upscale coffee brand Saturnbird has completed an over 100 million yuan B Round financing this year, led by Sequoia Capital, and followed by its old shareholder Fengrui Capital.
Multinational ed-tech unicorn Duolingo held a media conference in Beijing on Aug. 28 to celebrate the anniversary of its entry into China.
Xinhua reported that the revised export catalog may restrict TikTok from selling its US operations because the deal must be approved by China.
Vesta Food Lab, a Chinese plant-based substitute startup has completed a new round of financing worth RMB 16 million (USD 2.3 million) led by Xuerong Biotech.
On Aug. 27, at 12: 14 PM, Beijing local time, Kevin Mayer sent out an all-staff internal letter and announced to resign as global COO of ByteDance.
On Monday, short video platform Triller announced a new strategic partnership with JioSaavn, a music streaming platform owned by Reliance Industries Limited owned by Mukesh Ambani, India's richest man.
TikTok's full complaint explained. Is Zuckerberg accountable for breaking Zhang Yiming's global ambition?
TikTok Parent ByteDance announced that it is going to sue the Trump administration after the recent executive order that threatened a complete ban on the company’s business in the United States.
Bytedance has completed its acquisition of mathematical thinking platform NPY, which offers live-streaming and recorded video classes to kids aged 3 to 12 years old.
Tencent has hired a Washington lobbying firm, making its first move in Washington just one day after US President Donald Trump threatened to ban its social media app WeChat, according to Politico.