
ByteDance in Talks to Acquire Ele.me, Acquisition Denied by Ele.me
ByteDance is reportedly negotiating to acquire Alibaba's food delivery platform Ele.me. Ele.me denied the "rumor" on Monday.
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ByteDance is reportedly negotiating to acquire Alibaba's food delivery platform Ele.me. Ele.me denied the "rumor" on Monday.

On April 18th, the Hurun Research Institute published the "2023 Global Unicorn List," which includes non-public companies founded after 2000 and valued at over $1 billion. The valuation calculation for this list was based on data from the end of 2022.

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.

More details have emerged about “Xindong Waimai,” an on-demand food delivery service currently being developed by Douyin owned and operated by Beijing-based tech firm Bytedance.

Volcano Engine, a cloud services platform owned by ByteDance, reached a formal cooperation agreement on August 31 with Autra Tech, a leading logistics enterprise for autonomous driving trunk lines.

U.S. chipmaker Intel and Chinese Internet group Bytedance launched their joint AI lab on August 22 in Beijing, aiming to leverage both strengths to promote AI i...

The popular video-sharing app TikTok has launched a shopping partner incentive measure called "Apollo," encouraging live shopping via the platform in the US.

Chinese TechFin company Ant Group topped the Hurun Global Unicorn Index of 2020 with a valuation of 1 trillion yuan ($150 billion), according to Hurun Research Institute’s ranking of the world’s unicorns.

The official launch of Douyin's ride-hailing service indicates that ride-hailing services will complement Douyin's existing businesses such as dining, entertainment, and travel, enhancing Douyin's commercial ecosystem.
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In episode 35 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about WeChat competitors. Specifically, they focus on three apps that all decided to launch on Tuesday, January 15, 2019: Bytedance’s Duoshan, Wang Xin’s self-proclaimed “anti-WeChat” Toilet, and Bullet Messenger 2.0.

Douyin, the Chinese mainland version of ByteDance's TikTok, is alpha testing a new version with changes to its e-commerce layout.

ByteDance's server product "Elastic Bare Metal (EBM)," developed by the firm's Volcengine and based on a self-developed DPU board, has been officially opened to use for external businesses.