Bytedance Archives - Page 5 of 11

Chinese Internet Giants Like ByteDance and Alibaba Launch Part-Time Job Sites to Reduce Costs

Since the beginning of the year, many Chinese internet giants such as ByteDance, Meituan and JD.com have launched new part-time job platforms in an attempt to further reduce their operating costs.

Micro-Lenders Under JD.com, ByteDance, Meituan and Others Accelerate ABS Issuance

Since the beginning of this year, micro-lenders under five Chinese internet giants, namely Tencent, ByteDance, Baidu, Meituan and JD.com, have been successfully approved to issue ABSs amounting to 39.33 billion yuan ($5.4 billion).

ByteDance’s Douyin Pilots Food Delivery in Shanghai, Beijing and Chengdu

ByteDance's Douyin, the sister app of TikTok for mainland China, has set up a new branch responsible for local life business in Chengdu, Sichuan Province and has also set up on-demand delivery and community group-buying distribution businesses.

Insiders Deny ByteDance’s TikTok Has Reached 1B Worldwide Daily Active Users

It was reported that at about 17:31 on October 18, the global daily active users (DAU) of TikTok, a world-famous short video sharing app under ByteDance, exceeded 1 billion. Company insiders later responded that the news was untrue.

ByteDance Cuts Project Team of Social Metaverse Product Party Island

In order to reduce costs and increase efficiency, ByteDance had cut the project team for social metaverse app Party Island, and that relevant staff had returned to their original teams.

ByteDance’s Lemon8 Aims to Compete with Xiaohongshu

It's nothing new that TikTok's parent company ByteDance eyes the success of Xiaohongshu, a mobile app featuring community social and lifestyle recommendations, as something to be desires. Overseas, it mainly focuses on Lemon8, extending from Japan to Southeast Asian markets.

ByteDance’s Douyin Group Launches New Logo

ByteDance subsidiary Douyin Group launched a new logo on October 12, and its account avatars on Douyin, TikTok's sister app for mainland China, and on its official WeChat account have been replaced with new ones.

Report: ByteDance Did Not Lose $84.9B in 2021 as Claimed

TikTok parent company ByteDance reportedly achieved revenue of $61.7 billion in 2021, an increase of 80% year-on-year. Meanwhile, net losses reached an astonishing $84.9 billion.

ByteDance’s Moonton Sues Tencent for Defamation, Compensated $30.8K

A defamation case brought about by Shanghai-based game developer Moonton Technology against Tencent has recently reached a conclusion. Tencent was ordered to compensate Moonton for losses and expenses totaling 220,000 yuan ($30,800).

ByteDance Pursues Further Layout in Medical Field

ByteDance's healthcare business is stepping into an accelerated period of resource integration, and a huge healthcare ecosystem is slowly forming.

ByteDance Launches Women’s Fashion Retail Platform “If Yooou”

ByteDance, the Beijing-based parent company of TikTok, has recently launched a new fast-fashion retail platform named "If Yooou." It currently covers European countries such as the UK, France, Germany, Italy and Spain.

PICO 4 All-in-One New Product Unveiled, Starting From €429

On September 22, PICO, a VR brand owned by ByteDance, held a new product launch event, and officially released the new PICO 4 series of products to Europe, America, Japan, South Korea and Southeast Asia.

How Do ByteDance’s PICO and Meta’s Quest Stack Up?

PICO, a VR device brand owned by ByteDance, has announced that it will hold a new product overseas launch event at 14:00 GMT+2 on September 22, five days ahead of the scheduled product launch in China.

Chinese Short Video and Livestreaming Platform Douyin Looks to Challenge Alibaba

Starting on September 4, the Chinese division of Japanese fast fashion brand Uniqlo commenced e-commerce livestreaming sessions on Douyin, TikTok's counterpart for mainland China owned by parent company ByteDance.

ByteDance’s PICO to Unveil New Product on Sept 22, Focusing on Overseas Layout

PICO, a smart wearables brand acquired by ByteDance, has announced that its new product will be unveiled at 14:00 GMT+2 on September 22. It could represent an important step for PICO to focus on overseas market expansion and enter into more direct competition with Meta's Quest.