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.
4/14/20214 min read
Tag: #TikTok
Showing 12 of 251 posts with this tag
TikTok Owner ByteDance Threatens to Sue Trump Administration as US Calls for Broader Ban of Chinese Tech
TikTok’s parent company ByteDance released a statement on Friday in response to the executive order banning US companies and individuals from doing business with it.
8/7/20204 min read
TikTok Expands Maximum Video Length to 10 Minutes
Short video sharing platform TikTok, which is owned by Beijing-based technology firm ByteDance, announced on Monday that it will expand the maximum length for uploads to 10 minutes.
3/1/20222 min read
TikTok Owner ByteDance Seems to Have Bought AI Music Startup Jukedeck
TikTok’s parent company ByteDance might have acquired Jukedeck, an AI music startup behind a tool that can automatically generate tunes.
Douyin and TikTok Garner $266 Million in January
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.
2/16/20222 min read
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's E-commerce Business GMV Exceeds $1 Billion in H1
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.
8/10/20222 min read
US Senator Requests Investigation Into TikTok’s Acquisition of Musical.ly
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.
10/10/20191 min read
TikTok Partners With Cannes Film Festival
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.
3/16/20222 min read
TikTok’s Revenue Grows Fivefold Since 2018, Chinese Market Accounts for 69%
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.
1/17/20202 min read
TikTok’s Rival Triller Lands Alliance with Local Streaming Giant JioSaavn
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.
US Senator Hawley Aims to Ban TikTok From Government Devices
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.