∗Bytedance Archives - Page 4 of 10

China Esports Weekly: Esports-Related Companies and Individuals Support Henan in Countering Floods, Tencent to Buy Sumo Group for $1.27B

While last week saw several key competitions and the unveiling of new plans across China’s esports industry, the country is currently in a state of grief and resistance in the wake of a shocking natural disaster. The Dota 2’s i-League has started in Shanghai, featuring 1.2 million yuan ($185,000) in total prize money. In the meantime, however, a record-breaking rainstorm struck in the central Chinese province of Henan and its capital city of Zhengzhou.

Bytedance’s Douyin Conducts Internal Testing for Food Delivery Service, Confronting a Competitive Market

Bytedance's popular video-sharing platform Douyin recently set up a team for a food delivery business, launching an internal test of a mini-program named "Xindong Waimai".

ByteDance Puts Money Behind Influencer Li Ziqi, Marching into New Consumption Field

Chinese tech giant ByteDance took up a 1.48% stakein Weinian Brand Management Co, Ltd, the agency responsible for one of the most popular influencers in Chinaw, Li Ziqi.

China’s E-commerce Giants See Record Highs During “618” Shopping Spree

Sales for China’s online shopping giants reached a new high in the mid-year “618” shopping extravaganza, with platforms adopting different approaches to attract consumers and boost sales.

ByteDance Co-founder Zhang Yiming to Step Down as CEO

Zhang Yiming, Chinese internet giant ByteDance's co-founder, will step down as chief executive at the end of 2021 to focus on long-term strategy, the biggest management shake-up since the company's launch in 2012.

China Imposes Stricter Oversight on Tencent and ByteDance’s Finance Arms as Crackdown on Big Tech Continues

Beijing summoned 13 internet companies engaged in finance business on Thursday, including Tencent and ByteDance, ordering them to comply with tougher regulations.

Breaking: ByteDance Takes Concrete Step Towards Hong Kong Listing

ByteDance has initiated formal procedures for an initial public offering (IPO) in the Hong Kong Stock Exchange after submitting a letter with details regarding potential underwriters to trade authorities.

Baidu, ByteDance and JD.com Pledge to Comply with Antitrust Rules after Regulators Ask for Compliance with Alibaba Case

A dozen Chinese leading internet companies including Baidu, ByteDance and JD.com issued commitments on Wednesday to obey antitrust laws.

ByteDance Acquires Chinese Game Developer C4Games, Advancing Globalization Efforts

Hu Bing, CEO of C4Games, issued a letter to his employees on Tuesday to announce that the company had been officially acquired by ByteDance.

ByteDance Said to Consider IPO for Douyin in Hong Kong or New York, Increasing Its Valuation to Nearly $400 Billion

TikTok owner ByteDance is planning to launch an offshore public listing for short video app Douyin, the Chinese version of TikTok, which could value the company at roughly $400 billion in the private market.

China Esports Weekly: ByteDance Acquires Game Publisher Moonton, Morris Garages Partners With Bilibili Esports

Last week, China’s esports industry saw several new partnerships and a major acquisition by Beijing-based technology giant, ByteDance.

ByteDance to Cut India Workforce due to TikTok Ban

Chinese tech giant ByteDance will trim its 2000-plus Indian team due to a recent ban New Delhi imposed on TikTok, the company announced on Wednesday. The firm has yet to specify just how many employees may lose their jobs.

ByteDance’s Douyin Becomes Exclusive Red Envelope Interactive Partner of 2021 Spring Festival Gala

On the evening of Jan. 26, ByteDance CEO Zhang Nan issued an internal letter to the staff, announcing that Douyin, the Chinese version of TikTok, will be the exclusive red envelope interactive partner of the 2021 Spring Festival Gala.

TikTok Owner ByteDance Unveils E-payment Service Douyin Pay in China

Chinese company ByteDance has launched an in-app payment service in its short video platform Douyin, the Chinese version of TikTok.

ByteDance’s Douyin Releases 2020 White Paper on Travel Vloggers

ByteDance backed Douyin, the Chinese version of TikTok, recently released a white paper on the travel vlogger industry in 2020 along with People’s Cultural Tourism and Trend Insight.

Alibaba-Backed AutoNavi Joined ByteDance’s Office Suite APP with Enterprise Car

AutoNavi has reached a deal with Feishu, Bytedance’s Office Suite APP, also known as Lark, and will be integrated within Feishu to provide enterprise car service for the platform’s users.

Kuaishou Officially Files its IPO Prospectus in HKEX as ByteDance Seeks Pre-IPO Round of Financing

On the evening of Nov 5, Beijing time, Chinese short video giant Kuaishou officially submitted its prospectus to the Hong Kong Stock Exchange, ending the months long speculation as of when the company is to go public.

Tech Unicorn ByteDance Launches Smart Lamp along with Education Brand Dali

Internet tech giant ByteDance on Oct. 29 unveiled its a smart lamp priced at 799 yuan ($119) for the education sector as well as announced the new education brand Dali as part of its plan to diversify its businesses.

ByteDance’s Douyin Said to File HK IPO, Communication Underway on Underwriting Issues

ByteDance is considering listing its viral video-sharing unit Douyin in Hong Kong and people familiar with the matter said that investors including Goldman Sachs have communicated with ByteDance on the underwriting issues.

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.

Everything about China's Innovation