ByteDance Enters Gaming Sector
Caijing’s Late Post reported that ByteDance, the world’s most valuable startup, is looking to begin developing mobile games.
7 Hottest Online Education Startups in China
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.
Bytedance Invests $182 Million in Sports Community Platform
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.
TikTok Owner to Launch a Music Service Just as its Music Licenses are About to Expire
Just over a month ago news surfaced that TikTok’s music licenses were expiring, which could put the company in a complicated situation.
TikTok Ban in India Lifted by Madras High Court
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.
TikTok Banned In India For Pornography Only? Not Really
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.
Huawei and ByteDance Founders Featured in Time’s 100 Most Influential People List of 2019
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.
These Chinese Apps are Growing in Popularity in India
India has become the world’s fastest-growing mobile application market over the past few years. With more than 1.3 billion potential consumers, the Indian app market is attracting lots of attention as a huge opportunity for app growth. Thus, Chinese apps such as TikTok, Helo, LIVE, UC Browser, backed by China’s tech giants, have managed to gain popularity in India.
Bytedance Apps Prohibited from Sharing WeChat User Info
The competition is heating up between Chinese tech giants Tencent, owner of WeChat, and the world’s most valuable startup ByteDance, the company behind TikTok.
Chinese Companies Occupies One-third of the World’s Unicorns, ByteDance Tops the List
Ninety-four Chinese entities have reached unicorn status, led by ByteDance, the world’s most valuable private company valued at $75 billion.
Musical.ly Fined $5.7 Million for Illegally Collecting Personal Information
On February 28, the video social networking app Musical.ly, now known as TikTok, was fined $5.7 million by the Federal Trade Commission (FTC) for illegally collecting personal information from children under the age of 13.
Reddit With New Chinese Blood? Tencent is Now its Lead Investor
American news feed website Reddit received $300 million in total in a new round of financing. Chinese tech giant Tencent is the lead investor, contributing half of the total financing.