ByteDance, a Chinese Internet company operating a range of content platforms, and The National Basketball Association (NBA) announced a multi-year global partnership on social sharing.
Zhang Yiming stepped down as the CEO of his company’s flagship platform Jinri Toutiao, a news aggregator, but kept his title as CEO of the parent company ByteDance.
TikTok, a short video platform also known as Douyin in China, now has over 200 million daily active users (DAU) and more than 400 million monthly active users (MAU) in China, according to Zhang Fuping, the vice president of TikTok’s parent company ByteDance.
On October 31, global short video platform TikTok signed a content cooperation agreement with the Design and Arts Institute of Continuing Education of Hansung University.
Beijing Bytedance Technology Co., the parent company of China’s news platform Toutiao and short video app TikTok, has closed its pre-IPO raising with about $4 billion, according to 36Kr. With an estimated valuation of $75 billion, it has become the rage in the market.
Three CEOs of Chinese tech giants are among the top 10 of Fortune’s new “40 under 40” list released by the magazine on July 20.
Indonesia unblocked Tik Tok on July 10, ending its one-week ban on the Chinese short video app after it agreed to censor “negative content”, according to government statement.
One year into an ideal job in a multinational corporation, my friend Lin made the seemingly risky decision to move to a startup. The multinational offered a decent salary, bonuses and a mature training system. What more could a new graduate expect?
Earlier this month, Tencent sued Bytedance, better known as Toutiao, for 1 RMB and Toutiao fought back by suing Tencent for 90 million RMB. What sparked the feud between the David and Goliath of the Chinese tech world? Listen to this week’s episode of TechBuzz China by Pandaily to find out!
As statistics show on May 7, Chinese applications are leading in the iPhone applications market. Recent data from an app intelligence firm Sensor Tower shows that in the first quarter of this year, the number of app downloads of Douyin or Tik Tok as it is in known overseas, has reached 45.8 million
The latest craze: Peppa Pig “Check this out!” It was our friend Xue. Approaching our table in the restaurant, she lifted her right arm and flashed a pink object on her wrist excitingly. “What the heck is this?!”
You may have overheard two middle-aged men talking about Peppa Pig on the bus in China. Videos of people getting Peppa Pig tattoos and Peppa Pig watches are going viral on Chinese short video platforms.
2017 was a great year for short video apps in China. Domestic competition was fierce, it became a Red Ocean for investors, and the Chinese market became too saturated, companies gradually turned to overseas emerging markets trying to replicate miracles under the Blue Ocean strategy.
At the Toutiao sixth annual meeting on March 9, its founder and CEO Yiming Zhang talked about corporate social responsibility for the first time, noting “integrity”, “responsibility” and “win-win cooperation”. Zhang also announced that keyword for Toutiao in 2018 is globalization, looking to become a platform for global creation and exchange.
Although Baidu, Alibaba, Tencent and NetEase products dominate the iOS market in China, a number of companies such as Toutiao and Meituan Dianping have crept into the Top 10 ranking, according to records of iOS App downloads by App Annie in the month of October. SEE ALSO: What did Toutiao’s Buy with its $1B Purchase…