
Dongfang Honghu Receives Financing from ByteDance
Dongfang Honghu recently completed an angel round financing of over 100 million yuan ($15.69 million), led by ByteDance.
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Dongfang Honghu recently completed an angel round financing of over 100 million yuan ($15.69 million), led by ByteDance.
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.
Chinese tech giant ByteDance's short video platform TikTok is now currently facing investigation by U.S. government agencies over its handling of child sexual abuse material.
ByteDance is currently testing an independent export e-commerce platform and plans to release the app in October this year. A source close to the firm said that this independent app is similar to Alibaba's AliExpress.
Lin Junquan, former Vice President of 37Games, has joined ByteDance as the head of Douyin's ecological strategy. Lin is currently responsible for the entertainment content and the overall strategy of the platform.
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.
The most popular sales platforms such as Taobao, Douyin, Kuaishou, all have their own star live streamers. Here are the hottest e-commerce live streamers from each platform in 2020.
The official website of ByteDance-owned online social platform Feiliao has recently been shut down and download channels have been closed, although any official suspension announcement has yet to be made.
TikTok parent company ByteDance, food delivery giant Meituan and tech giant Baidu have recently launched their own AI-generated content (AIGC) products.
TikTok Shop, an e-commerce marketplace integrated into ByteDance’s TikTok, is launching its cross-border e-commerce business in more Southeast Asian countries including Thailand, Vietnam, Malaysia and the Philippines.
ByteDance's short-video platform TikTok saw a compound annual growth rate of 300 percent in advertising revenue. In addition, ByteDance's advertising revenue in China moderated.
If you ask me, one of the most curious happenings of recent months, is just how quickly “banning TikTok” went from a “fringe movement” to “quite acceptable”.