ByteDance’s News Aggregator Jinri Toutiao Appoints New CEO
Zhang Yiming stepped down as the CEO of his company’s flagship platform Jinri Toutiao, a news aggregator, but kept his title as CEO of the parent company ByteDance.
Ep. 28: The World’s Most Valuable Startup: Bytedance, Maker of Tik Tok & Toutiao
In Ep. 28 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about the Chinese AI company that recently toppled Uber to become the highest-valued startup in the world: Bytedance.
ByteDance Closed Its Pre-IPO with an Estimated Valuation of $75 Billion
Beijing Bytedance Technology Co., the parent company of China’s news platform Toutiao and short video app TikTok, has closed its pre-IPO raising with about $4 billion, according to 36Kr. With an estimated valuation of $75 billion, it has become the rage in the market.
Wang Xing Ranks 3rd in Fortune’s “40 under 40”
Three CEOs of Chinese tech giants are among the top 10 of Fortune’s new “40 under 40” list released by the magazine on July 20.
Ep. 9: Online Spat to Lawsuit Spree: Inside Tencent and Toutiao’s Escalating War
Earlier this month, Tencent sued Bytedance, better known as Toutiao, for 1 RMB and Toutiao fought back by suing Tencent for 90 million RMB. What sparked the feud between the David and Goliath of the Chinese tech world? Listen to this week’s episode of TechBuzz China by Pandaily to find out!
Douyin Reveals User Numbers for the First Time
Douyin, the most popular short-video platform, announced on June 12 that its number of domestic daily active users (DAU) has exceeded 150 million.
Toutiao Fights Back by Suing Tencent for 90 million
Last week, Tencent filed a lawsuit against Toutiao asking for a token compensation of 1 yuan, or 15 cents USD. A week later on June 1st, Toutiao filed a lawsuit against Tencent to retaliate, but with a demand of 90 million yuan (US$14 million) in compensation.
Tencent files lawsuit against Toutiao for 1 yuan
Tencent filed lawsuits in Beijing on Friday against Beijing Bytedance Technology Co Ltd, the owner of Jinri Toutiao and weiboshijie Ltd, parent company of Douyin, claiming 1 yuan for compensation and demanding public apologies from the two companies to publish on these two new media platforms.
9 Chinese Companies Made It onto Mary Meeker’s Internet Trends Report
Mary Meeker published the 23rd edition of the annual “Internet Trends Report” on May 31, predicting that China and US will both lead the world’s AI technology in five years.
Toutiao Enters the Online Education Industry with “Gogokid”
Toutiao entered the industry of online English courses for children by launching of a new educational product branded “gogokid”.
Inside Look into the WeChat Catfight between Tencent and Toutiao CEOs
Ma Huateng, the CEO of the Chinese Internet giant Tencent Holdings, was in the news recently for the screen shot of his altercation with Bytedance CEO on the latter’s WeChat Moment.
Chinese App Becomes 2018’s Most Downloaded iPhone App
As statistics show on May 7, Chinese applications are leading in the iPhone applications market. Recent data from an app intelligence firm Sensor Tower shows that in the first quarter of this year, the number of app downloads of Douyin or Tik Tok as it is in known overseas, has reached 45.8 million
TechBuzz China: A Weekly Tech Podcast on China’s Innovation
TechBuzz China is a new weekly technology podcast powered by Pandaily hosted by Rui Ma and Ying-Ying Lu. To listen to this week’s conversation on Toutiao’s Apology and Mobike’s Acquisition by Meituan-Dianping, you can tune in to TechBuzz China on iTunes Podcast, SoundCloud, or simply search for TechBuzz China in the podcast app of your choice.
Open Apology from CEO of Toutiao Following the Ban of Neihan Duanzi
Zhang Yiming, founder and CEO of Toutiao, issued an open apology on morning of April 11th, stating that Toutiao, one of the largest news and information content platform in China, will permanently shut down the Neihan Duanzi (内涵段子) app as well as its Wechat public account.
Toutiao responds to illegal ad placements that employees violated corporate regulations
CCTV recently uncovered links leading to false advertisements on Toutiao, a Beijing-based news-reading platform.