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ByteDance-owned Douyin Group has adjusted its organizational structure, naming Han Shangyou, the current vice president of Douyin, as the platform's new head, managing several business lines.
In recent times, Bilibili users have observed that several content creators whom they have been following for a while now have posted videos announcing the temporary suspension of updates. This move by the Chinese video streaming platform has caused quite a stir on social media.
Zhang Yiming, Chinese internet giant ByteDance's co-founder, will step down as chief executive at the end of 2021 to focus on long-term strategy, the biggest management shake-up since the company's launch in 2012.
TikTok's advertising revenue in 2021 reached nearly $4 billion. Multiple sources also said that the company's goal for 2022 is to achieve at least triple the growth.
TikTok, a video-sharing social network owned by Chinese tech company ByteDance, achieved an all-time high in mobile application downloads in the last quarter of 2019.
Chinese tech giant Tencent has recently launched a new social app called "doX," a social platform designed for young people with a focus on short videos.
On December 25, CCTV officially announced popular short video platform Kuaishou as the exclusive interactive partner of its Spring Festival Gala.
Short video app TikTok has opened an office in close proximity to Facebook’s headquarters in Silicon Valley and has begun poaching Facebook employees
TikTok, the popular short video platform owned by Chinese tech giant ByteDance, has reached a cooperation with Atmosphere to broadcast short videos on large screens in airports, hotels and restaurants.
Kuaishou launched a new short-video app, SnackVideo, to target overseas users with a recommendation algorithm that suggests user videos based on their preferences.
Kuaishou, a leading content community in China, recently launched a live-streaming recruitment function on its platform called Kuaizhaogong.
Peng Jiatong, the business assistant of former Kuaishou CEO Su Hua, has left the job. At the same time, Li Yongbao, the firm's head of business algorithm strategy, has resigned for unknown reasons.