How I’m Thinking about the TikTok / WeChat Bans
If you ask me, one of the most curious happenings of recent months, is just how quickly “banning TikTok” went from a “fringe movement” to “quite acceptable”.
Tag: #TikTok
Showing 12 of 247 posts with this tag
Live Streaming E-Commerce Is All the Rage In China
On July 2, Chinese tech giants Bytedance invested in Hangzhou Weinian Brand Management Co., Ltd(Weinan), a contracted company of Li Ziqi, one of China's most globally popular online influencers. This move showed Bytedance's ambition to expand its footprint in the booming livestream and new consumption sectors.
7/6/20216 min read
ByteDance Invests in Dubai-based iMile Delivery
People familiar with the matter said that TikTok's parent company ByteDance had invested in iMile, a logistics company based in Dubai.
11/30/20212 min read
ByteDance Appoints Former TikTok Boss and Musical.ly Founder Alex Zhu As Strategic Investment Head
Alex Zhu, Vice President of Products and Strategy and former Head of TikTok, has accepted a new appointment as Head of Bytedance’s Strategic Investments.
7/21/20202 min read
ByteDance Co-founder Zhang Yiming to Step Down as CEO
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.
5/20/20218 min read
Douyin E-Commerce Increases Investment in Online Mall and Brand Building
TikTok's Chinese version, Douyin, has decided to adjust its e-commerce business. In the future, Douyin E-Commerce will focus on online shopping malls and brands.
8/16/20223 min read
Kwai Becomes Second Highest Grossing Photo and Video App Globally in Q2 2019, TikTok Follows
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.
8/2/20192 min read
ByteDance's TikTok Shop Officially Launched in US
On November 10, news that TikTok Shop will be launched in US was finally confirmed. In order to register for TikTok Shop in the US, merchants will need to use a domestic mobile phone number and email address, or an existing TikTok account. An invitation code is also required.
11/11/20223 min read
ByteDance Annual Revenue in 2021 Is About $58 Billion USD, Y-o-Y Increase of 70%
The total revenue of TikTok's parent company, ByteDance, increased by 70% year-on-year in 2021 to about $58 billion, a slower growth rate than a year ago.
TikTok Owner to Launch a Music Service Just as its Music Licenses are About to Expire
Just over a month ago news surfaced that TikTok’s music licenses were expiring, which could put the company in a complicated situation.
5/21/20194 min read
ByteDance Launches Women's Fashion Retail Platform "If Yooou"
ByteDance, the Beijing-based parent company of TikTok, has recently launched a new fast-fashion retail platform named "If Yooou." It currently covers European countries such as the UK, France, Germany, Italy and Spain.
9/23/20223 min read
TikTok Sets Goal of $12 Billion in Advertising Revenue in 2022
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.
1/13/20222 min read