*ByteDance Archives

TikTok’s Answer to BeReal Is Yet to Be Tested Beyond Now

The 2022 social media landscape in a nutshell: Facebook trying hard to be Instagram, Instagram trying hard to be TikTok, and TikTok trying hard to be BeReal.

ByteDance’s VR Brand PICO to Release New Products

PICO, a VR brand acquired by ByteDance last year, announced on September 19 that it will hold a global new product launch event on September 22, as well as another launch event just for China on September 27.

Kuaishou Reorganizes Overseas Business, Sets up Commercialization Teams in Brazil and Indonesia

Chinese short video app Kuaishou's overseas business structure has been adjusted. A separate international commercialization department was set up within the division to boost revenue.

Douyin Denies Suspension of E-Commerce App Douyin Box

News emerged on September 7 that an independent e-commerce app called "Douyin Box," owned by ByteDance, will soon suspend operations, although Douyin has denied the news.

TikTok and WeChat Deny User Records Leakage

A recent poster on a hacker forum claims to have obtained TikTok's and WeChat's databases on Alibaba's cloud service platform, which together contain over 2.05 billion user records. However, Tencent, WeChat's parent company, and TikTok denied any security breach.

ByteDance’s VR Brand PICO Announces Upgrade

With the rapid development of the whole VR industry, PICO, a VR brand acquired by ByteDance, officially announced an upgrade to its brand on September 5.

ByteDance Lowers Stock Option Offering Price to $155 Per Share

ByteDance, the parent of short-video platform TikTok, is planning to lower the price of its stock options to $155 per share to enhance the benefit space of employees and allow them to share in the growth value of the company.

ByteDance’s Dali Education Launches New Collaboration Platform

ByteDance's Dali Education has launched an educational collaboration platform named "Dali Space." This represents another new business attempt by Dali Education after the release of China's "Double Reduction" education policy.

ByteDance’s Charitable Project Raises Public Doubt

On August 1, ByteDance's public welfare platform made a live presentation for its first "DOU Public Welfare Day" event to be held on September 5. However, the announcement has aroused doubts from insiders.

ByteDance Acquires High-End Women’s and Children’s Hospital Line Amcare

A pair of ByteDance subsidiaries have reportedly achieved a 100% shareholding ratio in Amcare, a high-end Chinese women's and children's hospital, as part of a move to explore the offline medical services sector.

69 New Chinese Games Receive Regulatory Approval

On August 1, China's National Press and Publication Administration released a list of 69 new games that have been formally approved in August for domestic release.

ByteDance Confirms Independent Chip Development

On July 19, a spokesperson for ByteDance confirmed that the company is exploring chip designs for its own use in specialized areas, as it could not find a supplier capable of meeting its requirements.

ByteDance’s Toutiao Launches Information App

Toutiao, which belongs to Beijing-based tech giant ByteDance, has recently launched an app called "Toutiao Haowai," which can recommend high-quality content to users, and its target is young consumers.

ByteDance Invests in Cryo-EM and AI Biotech Startup Shuimu BioSciences

Beijing-based tech giant and TikTok owner ByteDance has recently ventured into the life sciences sector. Last October, the firm invested in biotech startup Shuimu BioSciences.

Douyin Begins to Explore New Food Delivery Model

Users of Douyin, the Chinese mainland version of TikTok, can now purchase combo meal delivery services from restaurants through the platform.

Everything about China's Innovation