On January 23, Bloomberg reported that ByteDance was looking for a new CEO for its TikTok business. As of time of reporting, a spokesperson from TikTok refused to comment.
Tag∗Bytedance
WeChat, China’s most popular social media app, plans to join the craze for short-form videos by adding a feature that allows users to publish videos and photos to their followers.
TikTok, the international version of Douyin, a short-video app developed by ByteDance, generated $176.9 million in revenue in 2019, growing fivefold since 2018.
TikTok, a video-sharing social network owned by Chinese tech company ByteDance, achieved an all-time high in mobile application downloads in the last quarter of 2019.
TikTok, a leading short video application developed by ByteDance, is considering launching new streaming featured content designed to be viewed on screens vertically.
According to 36Kr, Douyin, which is known outside of China as Tiktok, reached a music sub-licensing deal with Tencent Music at the end of 2019.
Chinese media outlet Jiemian reports that ByteDance achieved its performance goals in 2019, with annual revenue exceeding 140 billion yuan ($20 billion).
At the recent 2019 OPPO Developer Conference (ODC19) held in Beijing, five products, including MiChat, ByteDance and Likee, were named OPPO's "Best Overseas Partners."
TikTok's parent company ByteDance is considering setting up a global headquarters for its popular video sharing app TikTok outside of China.
The US Navy and army have banned their officers from using TikTok on devices issued by the government.
TikTok owner ByteDance announced a joint venture with Shanghai Dongfang Newspaper, a state-owned media group and the operator of a popular local news outlet The Paper.cn.
TikTok, an international short-video platform owned by Beijing-based ByteDance was found to be limiting the reach of users with disabilities, according to Netzpolitik.org.
According to CNBC, in the first half of 2019, ByteDance generated more digital ad revenue than both Tencent and Baidu, with only Alibaba generating more.
Luo Yonghao, founder of the niche smartphone brand Smartisan, is suddenly back in the public eye.
ByteDance is in talks with major music labels to launch its own music streaming service, in an effort to go head-to-head with similar services such as Apple Music and Spotify.