Due to the large number of mobile users and short video’s virus spread on social media, short video industry is seeing booming growth in China.
QuestMobile have recently released their semi-annual report on the short-video industry. 7.2 out of 10 mobile Internet users are using short-video products.
On August 1, Bytedance posted a recruitment notice, announcing that their online search department is looking for new talent.
Several Chinese short video/live broadcast applications made it into the Top 20 of Apple’s App Store and Google Play in terms of downloads and revenue outside mainland China during the second quarter of 2019.
China’s ByteDance, owner of the popular TikTok streaming app, is confirmed on July 29 to be taking a step into hardware to develop its own smartphone.
TikTok’s parent company ByteDance might have acquired Jukedeck, an AI music startup behind a tool that can automatically generate tunes.
ByteDance announced it is setting up a data center in India, where its app TikTok has been under scrutiny for privacy violations and possibly facing a ban.
UK regulators are investigating ByteDance’s short video application TikTok on how they handle the personal data collected from younger users, and whether it prioritizes the safety of children on its social network.
Caijing’s Late Post reported that ByteDance, the world’s most valuable startup, is looking to begin developing mobile games.
The rapid technology development has greatly impacted people’s lives. Not only has it changed how people shop, pay, or date, it has also changed how people learn. Online education has come to the forefront in recent years.
On June 6, sports community platform Hupu officially confirmed that it obtained 1.26 billion yuan ($182 million) from Bytedance in the pre-IPO round. This gives Bytedance a 30% stake in Hupu.
Just over a month ago news surfaced that TikTok’s music licenses were expiring, which could put the company in a complicated situation.
TikTok users in India can breathe a sigh of relief as the temporary ban on the app downloads gets lifted, making the app available for download again.
If someone hasn’t downloaded TikTok, the viral video-sharing app by the Chinese company ByteDance, from the Indian app store, he might not be able to ever use the app.
On Apr. 18, Time released its list of the 100 most influential people in 2019. Apart from entertainment celebrities like Taylor Swift and Ariana Grande, the list also brings with it big guns from China’s tech industry including Ren Zhengfei, founder of Huawei, Zhang Yiming, CEO of Bytedance and He Jiankui, the initiator of the world-renowned gene-editing surgery.