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On Wednesday, Sensor Tower released data that in January 2022, TikTok and Douyin earned a total of $266 million through Apple's App Store and Google Play, 2.1 times that of January of 2020.
ByteDance has agreed to pay US$92 million to settle a class-action lawsuit over data privacy claims from some US TikTok users, following a year of litigation.
TikTok's gross merchandise volume (GMV) for its e-commerce business in the first half of 2022 exceeded $1 billion, which is equivalent to the full-year volume the platform saw in 2021.
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.
In order to enhance its global influence, the organizing committee of the Cannes Film Festival has chosen to cooperate with TikTok, providing users of the popular app with exclusive backstage, red-carpet interviews with filmmakers.
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.
On Monday, short video platform Triller announced a new strategic partnership with JioSaavn, a music streaming platform owned by Reliance Industries Limited owned by Mukesh Ambani, India's richest man.
Sen. Josh Hawley (R-MO) announced that he will introduce legislation to ban TikTok from the devices of federal employees, to ensure government institutions’ data privacy.
TikTok, a short video app owned by ByteDance, released a new contextual advertising solution called "TikTok Pulse" on Wednesday, which allows marketers to place their brands next to the platform's most engaging content.
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.
This group purchase function will allow merchants who have completed the Douyin enterprise certification tolist and sell products through the short-video platform.
Zhang Yiming, founder and CEO of TikTok-owner Bytedance, has donated $10 million to the Bill & Melinda Gates Foundation for research and development of treatment for the novel coronavirus disease.