*ByteDance Archives - Page 7 of 10

ByteDance’s TikTok Shop Enters Thailand, Vietnam and Malaysia

TikTok's e-commerce unit is about to make a big push into Southeast Asia. At present, TikTok Shop has entered into Thailand, Vietnam and Malaysia.

ByteDance Launches Comic App in Japan

ByteDance has launched FizzoToon in Japan, an app positioned as an animation platform. The company decided to release the product in Japan is because of the country's broad animation culture.

ChinaLin Securities Plans to Acquire ByteDance Subsidiary

Shenzhen-based ChinaLin Securities announced on Monday that the company signed a purchase agreement of "Dolphin Stock" with ByteDance.

ByteDance Denies Developing Game Similar to Genshin Impact

Nuverse, a company owned by Beijing-based technology giant ByteDance, is planning to develop a 3D open world game similar to Genshin Impact.

Douyin Upgrades Cyberviolence Prevention Features

Douyin, the Chinese mainland version of ByteDance's short video sharing platform TikTok, has recently added features aimed at curbing cyberviolence.

Douyin Upgrades its Open Music Platform

On Thursday, ByteDance’s Douyin announced an upgrade to the company's open music platform, "Zhirexinghe".

Douyin and TikTok Garner $266 Million in January

On Wednesday, Sensor Tower released data that in January 2022, TikTok and Douyin earned a total of $266 million through Apple's App Store and Google Play, 2.1 times that of January of 2020.

Tencent Launches New XR Business

Tencent has launched a new business - Extended Reality (XR) - and has recently started an internal reshuffling of staff to take on the new business. Tencent has not responded to this report yet.

Douyin Partners up with Apple’s Siri to Make Voice Search on Douyin Easier

TikTok’s sister app Douyin announced on Tuesday that it has entered a partnership with Apple's Siri which would allow iPhone users to activate Douyin's search function through Siri's voice command.

China NFT Weekly: NFTs and the Music Industry

This week: Bytedance tests a metaverse-like social network, NetEase Cloud Music launches an AI-powered music production mini app, The Sandbox partners with Warner Music Group to create a virtual music venue, and more.

Missfresh Joins Forces With ByteDance to Offer Livestream Grocery Shopping

Chinese fresh grocery e-commerce retailer Missfresh announced Thursday that it has entered into a strategic partnership with Ocean Engine and has expanded its presence on TikTok’s sister app for mainland China, Douyin.

ByteDance to Launch Four New Products

Beijing-based tech giant ByteDance will launch a metaverse social app, a new search product, and a game community. In addition, ByteDance is now testing short-distance delivery robots.

Douyin Closes 160,000 Illegal Live-streaming Channels

Recently, ByteDance's short video app Douyin released a report on its recent measures to ensure the safety of the platform.

Tencent Awards Shares Worth HK$166,000 to Over 20,000 Employees

Tencent Holdings Ltd. announced on Friday at the Hong Kong Stock Exchange (HKEx) that it would grant a total of 8,004,807 award shares to at least 22,800 staff members.

ByteDance Annual Revenue in 2021 Is About $58 Billion USD, Y-o-Y Increase of 70%

The total revenue of TikTok's parent company, ByteDance, increased by 70% year-on-year in 2021 to about $58 billion, a slower growth rate than a year ago.

Hurun Releases 500 Most Valuable Private Chinese Companies 2021

The Hurun Research Institute released on Wednesday the their Most Valuable Private Companies 2021, a list of the Top 500 China non-state-controlled enterprises ranked according to their value.

ByteDance’s Perfume Sub-Brand EMOTIF to Hit Shelves Soon

Beijing-based tech giant and TikTok creator ByteDance is carrying out final preparations for its subsidiary perfume brand EMOTIF, before it enters shelves on third-party e-commerce platforms.

ByteDance Acquires Platforms in Cinema Ticketing and Comics

Beijing-based internet technology firm and TikTok creator ByteDance has recently acquired cinema ticketing platform Leyinghui (Shanghai) Cultural Media Co., Ltd., and comic platform Yizhikan.

TikTok Saw $2.3 Billion in Consumer Spending in 2021, Up 77% Annually

Users spent approximately $2.3 billion last year on ByteDance's popular video-sharing app TikTok, according to data published on January 13 by Sensor Tower.

Douyin: Brand Transactions Gain Average Monthly Growth Rate of Over 24% in 2022

"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.

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