
TikTok Shrinks Global Business
People from ByteDance said that the short video sharing app TikTok is adjusting its global business.
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People from ByteDance said that the short video sharing app TikTok is adjusting its global business.
TikTok users in India can breathe a sigh of relief as the temporary ban on the app downloads gets lifted, making the app available for download again.
Wei Wenwen, President of Douyin E-commerce, announced that the platform's GMV in the past year increased 3.2 times year-on-year, and that more than 10 billion products were sold.
Liang Rubo, CEO of Chinese internet technology company ByteDance, said at the All-Hands employee meeting held on December 14 that the company would continue to make structural and personnel adjustments, which will be mild.
Zhang Yiming, the 41-year-old founder of ByteDance, increased his wealth by 105 billion yuan from last year, becoming China's richest person for the first time with 350 billion yuan.
Jet Commerce, a Jakarta-based one-stop e-commerce services provider, announced on August 10 its completion of round-B financing exceeding $60 million. Its lead investor Jinqiu Venture Capital has a strong relationship with TikTok's parent company, ByteDance.
On June 2nd, the official Douyin account released the latest regulations on the governance of public welfare content on Douyin.
According to the Chinese media Jiemian, ByteDance will soon launch a video generation model called PixelDance, ahead of Sora.
Leading global research platform Hurun Research Institute released its Hurun China Rich List 2022 on November 8. Zhang Yiming, the founder of TikTok's parent company ByteDance, ranked second, and Robin Zeng, the chairman of battery giant CATL, ranked third.
In response to the news of core member Huang Wenhao joining ByteDance, 01.AI stated that the company structure has been adjusted recently to focus more on the company's business.
On December 30th, ByteDance's Doubao large model released the technological advancements across all fields for 2024.
Here is this week's roundup of China tech stories. “The degenerating behavior of women is what’s causing China’s downfall.” Yu Minhong (Michael Yu), foun...