ByteDance Closed Its Pre-IPO with an Estimated Valuation of $75 Billion
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 b...
Tag: #Tik Tok
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India Bans TikTok, WeChat and 57 More Chinese Apps Amid Border Crisis
The Indian government announced today it would ban 59 apps developed by Chinese firms as border tensions grow between the two countries.
ByteDance Starts JV With Major Media To Develop AI, Blockchain and IP Services
TikTok owner ByteDance announced a joint venture with Shanghai Dongfang Newspaper, a state-owned media group and the operator of a popular local news outlet The Paper.cn.
12/16/20192 min read
Ep. 9: Online Spat to Lawsuit Spree: Inside Tencent and Toutiao’s Escalating War
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 feu...
Wang Xing Ranks 3rd in Fortune's “40 under 40”
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. SEE ALSO: Zhang Yiming: 5 Commo...
Half of Your Favourite Video Apps are MADE IN CHINA
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 sat...
Google’s Play Store Removes TikTok Rival Kuaishou’s Zynn Following Reports of Plagiarism
Chinese TikTok-style video app Zynn has been removed from Google’s Play Store Tuesday amid accusations it has been stealing content from TikTok.
6/11/20202 min read
What did Toutiao's Buy with its $1B Purchase of Musical.ly?
“I regret not having entered into China’s market earlier. Now, I can hear vibrating sounds everywhere making me uncomfortable,” said Louis Yang, founder of Musi...
ByteDance's News Aggregator Jinri Toutiao Appoints New CEO
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 ByteDa...
Seeking More than Money: Next Generation Rises in the Internet Era
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 dec...