*ByteDance Archives

TikTok CEO Grilled by US Lawmakers

The United States Congress recently held a hearing on TikTok after a three-year hiatus, revisiting concerns over the app's ownership by ByteDance and the possibility of separating it from the Chinese parent company or outright banning it in the US.

Note-Taking App Flomo to Acquire ByteDance’s Mubu from Feishu

The developer of Flomo, a note-taking tool, has expressed intentions to acquire ByteDance's office tool Feishu's mind mapping software Mubu. Flomo did not reveal the exact amount of the purchase.

ByteDance-Backed Feishu Confirms Head of Business Expansion in Japan

Last year, Qi Junyuan, the founder of collaboration and project management tool Teambition, joined ByteDance's office software platform Feishu and now has begun to take charge of the Japanese market for the company.

ByteDance Establishes New Offline Real Estate Agent Brand

TikTok parent company ByteDance has made many prior moves into the real estate business. It intends to build a brand in the field named "Qiuhe Real Estate" for the western region of China.

ByteDance’s Video Editor CapCut With 200M MAU Targets High Earnings

CapCut, a video editor owned by Chinese tech giant ByteDance and lesser known compared to TikTok, has obtained 200 million monthly active users (MAUs). It is now exploring commercialization.

Meituan, ByteDance, and Baidu Launch AIGC Products

TikTok parent company ByteDance, food delivery giant Meituan and tech giant Baidu have recently launched their own AI-generated content (AIGC) products.

ByteDance Joins China’s Large Language Model R&D Boom Driven by ChatGPT

In the large language model R&D craze brought to the mainstream by ChatGPT, tech giants and entrepreneurs in China declared their intention. TikTok parent company ByteDance is also one of the players in the promising field.

ByteDance Extends Business Review Cycle from Two Months to A Quarter

On the morning of February 17, Liang Rubo, CEO of Beijing-based internet technology company ByteDance, sent an internal letter to all employees, saying that he would adjust the cycle of setting and reviewing of performance targets from bimonthly to quarterly.

Meituan Strengthens Short Video and Livestream Content to Compete With Douyin

Chinese shopping platform giant Meituan is revamping its short video and livestreaming features in response to competition from Douyin's entry into the take-out field. Douyin is TikTok's sister app in China.

ByteDance-Backed Feishu Sees $100M Annual Recurring Revenue in 2022

Feishu, an office tool owned by Chinese tech giant ByteDance, announced that its annual recurring revenue (ARR), a key indicator, reached $100 million in 2022, an increase of 2.7 times compared with 2021.

PICO Starts Small-Scale Layoffs, New Products to Be Unveiled in April

PICO, a VR brand acquired by ByteDance, will launch two new products in the near future, one of which will be the PICO 4 Pro, to be launched in April or May, and the other is a low-end version based on the PICO Neo 3 for the lower-end market.

Douyin Still Testing Food Delivery Business in Top Chinese Cities

ByteDance's short video app Douyin will reportedly launch food delivery services in all major Chinese cities on March 1, following internal testing in Beijing, Shanghai, and Guangzhou.

ByteDance Denies Major Changes to Health and Q&A Platforms

News emerged recently that the Xiaohe Health app owned by Beijing-based tech giant ByteDance will be shut down, and the company's Wukong Q&A app, which was shut down two years ago, will be launched again. However, ByteDance has denied both claims.

Douyin’s Content Product Manager Zhi Ying Transferred to TikTok

Zhi Ying, vice president and head of content products of Douyin and Xigua Video, has been transferred to TikTok, Douyin's sister app. She will be responsible for TikTok's products, content ecology and other businesses.

ByteDance’s Douyin App Launches Supermarket Business

Chinese users from all over the country can now access online supermarket shopping services on ByteDance's short video app Douyin.

Tsinghua Master’s Graduate Bemoans ByteDance’s “Maliciously Low” Monthly Salary of $2,947

A Chinese web user verified to be a fresh master's graduate from the elite Tsinghua University complained online recently that the monthly salary for a back-end development engineer at ByteDance was as low as 20,000 yuan ($2,947) per month.

Former Head of Alibaba’s Online Storage Platform Joins ByteDance’s Feishu

Qi Junyuan, the former head of Alibaba's online storage platform and founder of Teambition, a digital collaboration platform, has recently joined Feishu, an office communications platform operated by ByteDance.

ByteDance’s Feishu Shifts Focus to Global Market

The management team of Feishu, an office communications platform owned by ByteDance, revealed at a recent internal meeting that the product's domestic business operations in China will soon no longer be profitable, and its focus will shift to overseas markets.

ByteDance Launches Douyin Chat as Firm’s Exploration of Social Media Continues

ByteDance's Douyin, a short video app that is the counterpart of TikTok for mainland China, recently launched desktop software on its official website called "Douyin Chat," providing service for Windows and Mac clients.

ByteDance Initiates Layoffs for 10% of Staff

Chinese tech giant ByteDance has launched a round of layoffs covering about one-tenth of its employees, mainly affecting staff members focused on R&D, products and operations.

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