TikTok Archives - Page 8 of 13

ByteDance Acquires Chinese Game Developer C4Games, Advancing Globalization Efforts

Hu Bing, CEO of C4Games, issued a letter to his employees on Tuesday to announce that the company had been officially acquired by ByteDance.

ByteDance Said to Consider IPO for Douyin in Hong Kong or New York, Increasing Its Valuation to Nearly $400 Billion

TikTok owner ByteDance is planning to launch an offshore public listing for short video app Douyin, the Chinese version of TikTok, which could value the company at roughly $400 billion in the private market.

China Now Has a Trust Issue with Tesla over Spy Concerns

Tesla CEO Elon Musk responded to concerns of Tesla spying for the U.S. government.

ByteDance Agrees to $92 Million Settlement in US TikTok Privacy Lawsuits

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 Plans to Enter E-Commerce Business in 2021 with Livestream Shopping

Chinese video-sharing social networking app TikTok was reportedly planning to enter the e-commerce business in 2021.

India Permanently Bans 59 Chinese APPs Including Tech Giants TikTok and Wechat

On Jan.25, India’s Ministry of Electronics and Information Technology raised a permanent ban on 59 Chinese applications

TikTok Owner ByteDance Unveils E-payment Service Douyin Pay in China

Chinese company ByteDance has launched an in-app payment service in its short video platform Douyin, the Chinese version of TikTok.

Kuaishou Passes HKEX Hearing, Plans to List in Hong Kong on Feb. 5

Viral Chinese short video sharing platform Kuaishou passed the listing hearing of the Hong Kong Exchanges and Clearing (HKEX) on the afternoon of Jan. 14, and the Tencent-backed company plans to publicly trade on HKEX on Feb. 5.

2020 TOP 10 Chinese Mobile Apps in Overseas Markets

2020 has turned out to be an unpredictable year, but these 10 Chinese mobile apps have emerged successful in overseas markets, attracting new global users and hitting new DAU records.

TikTok Parent Company ByteDance Builds Team to Develop Drugs Using AI

Short-video app TikTok’s parent company ByteDance is looking to hire for its artificial intelligence drug discovery team in Mountain View, Beijing and Shanghai, as the company ventures into pharmaceutical research.

Walmart Teams up with TikTok to Sell Products via Livestreaming

Walmart and TikTok announced this morning that they will co-host the first “shoppable” live-stream event on TikTok on Dec. 18, at 8 p.m (EST).

TikTok to Add More Jobs Across Europe

US buffeting hasn’t stopped TikTok from flourishing in Europe, especially when the second wave of coronavirus has sent a large part of Europe back into lockdown.

TikTok Partners with Shopify to Enter Social Commerce

The viral short-video platform TikTok is moving into social commerce with its new deal with e-commerce platform Shopify.

U.S. Judge Blocks Trump Administration’s Download Ban of TikTok

Federal judge Carl Nichols blocked the Trump administration’s order to ban the download of TikTok in the U.S. on Sunday, less than four hours before the order was to take effect.

DHgate Launches MyyShop to Build Decentralized Ecosystem

DHgate, one of the leading B2B cross-border e-commerce marketplaces in China, officially launched MyyShop, a new Software-as-a-Service (SaaS) product for decentralized cross-border e-commerce.

Zynn Calling For Creators: Your Chance to Win $10,000

TikTok and Triller rival Zynn is paving its own path. The short video sharing platform that has always embraced inclusivity and diverse content is now taking a step further to emphasize on its values.

TikTok Lands Deal with Oracle-Walmart, Only Giving up 20% Stake, Drops Charge Against Trump Administration

TikTok released a statement Thursday that its parent company ByteDance has reached a rudimentary agreement with Oracle and Walmart after months of confrontation between the hit short video app and the White House over national security concerns.

ByteDance Rejects Microsoft Bid as Sept. 20 Deadline Draws Near, Sale Off Table?

ByteDance, the parent company of popular short video app TikTok, has rejected Microsoft, the first publicly known bidder of the app’s American arm.

China VC Weekly: Mixed Reality and Cleaning Technology

Qualcomm-backed Nreal, announced the completion of a $40 million B1 round of financing led by the Chinese short-video giant and TikTok nemesis Kuaishou.

Chinese Authorities Revise Export Restrictions, ByteDance’s US Sale Possibly Suspended

Xinhua reported that the revised export catalog may restrict TikTok from selling its US operations because the deal must be approved by China.

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