On January 23, Bloomberg reported that ByteDance was looking for a new CEO for its TikTok business. As of time of reporting, a spokesperson from TikTok refused to comment.
TikTok, the international version of Douyin, a short-video app developed by ByteDance, generated $176.9 million in revenue in 2019, growing fivefold since 2018.
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.
TikTok, a leading short video application developed by ByteDance, is considering launching new streaming featured content designed to be viewed on screens vertically.
The US Navy and army have banned their officers from using TikTok on devices issued by the government.
Episode 56 of TechBuzz China is all about short video, which our co-hosts comment should by now be considered one of China’s “New Four Great Inventions.” It’s sweeping the world, and has become an arena in which Chinese companies’ battle for users and revenue is extending abroad. Most of our listeners will have heard of Bytedance’s product…
ByteDace saw a personnel reshuffle with Zhang Nan taking charge of Douyin, and Alex Zhu taking over the app’s international version TikTok, while reporting directly to the CEO of ByteDance, Zhang Yiming.
After being accused of mishandling American user data and censoring content shown on the video-sharing app, TikTok released a statement on October 25 refuting the claims.
US republican senator for Florida, Marco Rubio, announced on October 9 that he was preparing to request the Committee on Foreign Investment to investigate the 2017 acquisition of the video app Musical.ly by ByteDance.
According to people familiar with the matter, the pre-IPO valuation of Kuaishou, one of China’s leading short-video start-ups, has reached $25 billion.
National Football League (NFL) and Chinese short video platform TikTok, announced today a new multi-year partnership to bring NFL’s exciting experience to TikTok's global community.
With a seamless integration of e-commerce into social media, including video sharing and live-streaming, sellers on Kuaishou are able to bring down-to-earth content and goods to its users. That's what the so-called “老铁经济,” or “homie economy,” is all about.
Due to the large number of mobile users and short video’s virus spread on social media, short video industry is seeing booming growth in China.
QuestMobile have recently released their semi-annual report on the short-video industry. 7.2 out of 10 mobile Internet users are using short-video products.
Chinese short-video app Kwai (Kuaishou) managed to make it to the second place of the ranking with earnings approaching $78 million, a 57 percent year-over-year increase.