Sensor Tower released a report on Tuesday morning claiming that in April 2022, Douyin and its non-Chinese version TikTok earned more than $296 million from the App Store and Google Play.
ByteDance's Douyin, the Chinese mainland version of TikTok, has recently launched an "interest matching" function, which focuses on socializing based on short video content.
Beijing-based tech firm ByteDance has recently launched an app called "Sponge Band." This product will better serve users with music editing needs on Soda Music and Douyin.
After launching an in-house tea brand called "Taoyuan Yuye" last year, TikTok owner ByteDance now plans to team up for a new food and beverage business.
A new subsidiary of Chinese tech giant and TikTok owner ByteDance was established on Monday, named "Beijing Toutiao Information Technology Co., Ltd.," with legal representative Luo Lixin.
Beijing-based technology firm and TikTok owner ByteDance has launched a new hardware device called the "Lingjing Livestreaming All-in-One Machine," as well as a corresponding "Lingjing" app.
Once ByteDance established Douyin Group (HK) Limited as a separate entity, rumors began to swirl about a potential public listing on the Hong Kong Stock Exchange.
Major television manufacturer Konka and Smartisan OS, the original R&D team for Smartisan which was acquired by ByteDance, cooperated to develop a screen operating system on Monday.
ByteDance will launch a feature on two of its products, TikTok's sister app Douyin and information platform Toutiao, with which the account IP location will be displayed on the user's personal homepage.
Douyin, the Chinese mainland version of TikTok, has recently been testing a new homepage layout that emphasizes the "Mall" function. The tests indicate that it is weighing the importance of e-commerce and social features.
Advertisement revenue for ByteDance's video-sharing app TikTok is likely to triple in 2022 to more than $11 billion, exceeding the combined sales of market rivals Twitter and Snap, according to research firm Insider Intelligence.
This week: Chinese tech giants tighten platform rules on digital collectibles as regulation remains uncertain, China strengthens control of capital outflow following US Fed's interest rate hike, and more.
As of Tuesday, some apps in China have allowed users to close "personalized recommendations" based on algorithms with one click. Companies that made the move include ByteDance's Douyin and Toutiao, Tencent's WeChat, and more.
According to a report released by Sensor Tower on Thursday, in February 2022, TikTok and its sister app Douyin earned more than $258 million in the global App Store and Google Play.
Douyin E-Commerce, the online shopping arm of the Chinese mainland version of TikTok, has launched testing for a new tool called Douke to attract more user traffic.
Three key individuals at ByteDance will soon be transferred to its virtual reality (VR) brand Pico. The moves indicate that ByteDance will start to increase its investment in VR content.
