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The gross merchandise value (GMV) of TikTok e-commerce in 2021 totaled about 6 billion yuan ($951 million), of which 70% or more came from Indonesia and the remaining 30% or less came from the U.K.
Douyin, the Chinese mainland version of TikTok, announced on Thursday that it has reached a cooperation agreement with domestic video platform Sohu.
On January 22, ByteDance released the Doubao-1.5-pro large language model. Benchmark tests indicate that the new model surpasses GPT-4o in multiple categories while reducing inference costs.
On Monday, ByteDance's short video app Douyin released a data report on the company's measures to protect minors. The report updates the company's progress in the promotion of a youth mode, content construction, platform governance and more.
"Douyin E-commerce's New Brands Growth Report for 2022" was officially released, which was jointly published by Douyin E-commerce, Mass Consumption Business Center of ByteDance's Ocean Engine and Arithmetic Report.
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.
TikTok-owner ByteDance has appointed Julie Gao from international law firm Skadden as its new chief financial officer (CFO), according to an internal memo sent by ByteDance chief executive Liang Rubo on Monday.
Chinese users from all over the country can now access online supermarket shopping services on ByteDance's short video app Douyin.
Mobile app data analysis firm Sensor Tower released a report Thursday claiming that in May, TikTok and its sister app for mainland China, Douyin, earned more than $277 million from the App Store and Google Play.
Mobile Legends: Bang Bang (MLBB), a Multiplayer Online Battle Arena (MOBA) mobile game independently developed by Shanghai-based Moonton Technology, has once again joined the e-sports program of the Southeast Asian Games.
ByteDance's VR business PICO is gradually shrinking its front line this year.
Following the launch of virtual avatar "Douyin Zaizai," ByteDance's Douyin platform recently unveiled a new virtual space. Meanwhile, competing Chinese short video streaming platform Kuaishou is also developing a virtual avatar social networking layout.