TikTok Owner ByteDance Invests $25M in Self-Driving Startup QCraft: Report

QCraft released Longzhou One, its first robobus with a self-developed autonomous driving solution in July 2020. (Source: QCraft)

Chinese tech giant ByteDance, owner of TikTok and its Chinese counterpart Douyin, has reportedly invested in autonomous driving startup QCraft Inc.

If confirmed, it would join the ranks of fellow tech companies such as Baidu, Al…