∗Bytedance Archives

TikTok Surpasses Google to Become World’s Most Visited Website in 2021

Cloudflare, an American technology-security company, reported on Monday that TikTok was the most visited internet site in the world in 2021, surpassing last year's leader, Google.

TikTok to Launch 300 Delivery-Only Digital Restaurants Across U.S.

The popular short video sharing platform TikTok will cooperate with Virtual Dining Concepts to launch TikTok Kitchen, to provide food delivery services in the United States from March 2022.

Corporate Food Services Company Meican Secures E Round Series Financing Worth Over $157 Million

Chinese corporate food services company Meican announced that it had obtained an E2 round of financing, and the investor was Sodexo.

ByteDance’s Cloud Service Volcengine Releases Full Range of Cloud Products, Helping Digital Transformation of Enterprises

Volcengine made its debut and released a full range of cloud products including cloud infrastructure, video and content distribution, data processing and artificial intelligence, with a total of 78 services.

Douyin Tests First Independently Developed E-Commerce App “Douyin Box,” Positioned as Trendsetting Platform

Douyin, the Chinese mainland version of TikTok, recently tested a new app called "Douyin Box," positioning it as a trendsetting e-commerce platform.

TikTok and Sister App Douyin Exceed 3.3 Billion Downloads Worldwide, Generating Nearly 1000 Related Apps

TikTok and its sister app for the Chinese mainland Douyin, operated by Chinese Internet giant ByteDance, have accumulated approximately 3.3 billion installations in the global app stores.

China VC Weekly: Hillhouse Moves Uphill With New Fund

In last week’s VC news, Hillhouse Capital Group plans to set up a 5 billion yuan fund, Airwallex bags $100 million at a $5.5 billion valuation and more.

ByteDance to Shut Down Edtech Business in India

ByteDance is shutting down its educational technology business in India. The company notified the local team on Monday.

Pakistan Lifts TikTok Ban for Fourth Time

The Pakistan Telecommunications Authority (PTA) lifted the country's ban on TikTok on November 19, following assurances by the popular Chinese video-sharing platform that it would work to control "immoral and indecent" content.

ByteDance Bets on Web Novel Business, Launching Mytopia Application Overseas

Chinese internet giant Bytedance has recently launched three new novel applications domestically and overseas.

ByteDance’s Douyin Reaches Music Copyright Agreement with Modern Sky

ByteDance's Douyin has recently reached an agreement with China's original music record company, Modern Sky. The deal will see both sides work together on a variety of aspects in the industry.

StartDT Bags C1 Round of Financing Worth Over $31.3 Million, ByteDance Participates

StartDT, a provider of AI-based technology solutions, announced on Friday that it had completed the C1 round of financing exceeding 200 million yuan ($31.3 million).

ByteDance Suffers Lackluster Growth of Advertising Business in China

ByteDance's Commercial Products Department held a general meeting on Thursday during which it was suggested that advertising revenue had seen no growth in China over the past six months.

As Recruitment Declines, China’s Internet Giants Learn to Slow Down

“There are two 18-year-olds, one in China, the other in the United States, both poor and short on prospects. You have to pick the one with the better chance at upward mobility. Which would you choose?”

China’s Leading Video Platforms Douyin and Tencent Discuss Openness

Tencent has sent an email to ByteDance's Douyin on November 11, saying that the firm was trialling a project to gradually allow third-party creators to use some of its copyrighted content and creation tools in their works.

Everything about China's Innovation