TikTok and Douyin owner Bytedance's valuation has risen more than 33% from around two years ago to more than $100 billion.
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.
Beijing-based ByteDance has started a recruiting spree in the middle of coronavirus tumult, opening 10,000 positions globally.
On Apr. 18, Time released its list of the 100 most influential people in 2019. Apart from entertainment celebrities like Taylor Swift and Ariana Grande, the list also brings with it big guns from China's tech industry including Ren Zhengfei, founder of Huawei, Zhang Yiming, CEO of Bytedance and He Jiankui, the initiator of the world-renowned gene-editing surgery.
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.
Please check out the hot new trending topics in China last week:
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.
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.
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 founder and CEO Zhang Yiming spoke to graduates employed by the product department at the Toutiao Bootcamp.
Guided by the China Internet Network Information Office, the Beijing Internet Network Information Office ordered executives at Toutiao and Ifeng News to cease spreading “pornographic and vulgar information, and illegally providing Internet information services” on December 29.
On December 1, at the A.IDEAS Forum, Toutiao announced the establishment of the Bytedance Strategic Technology Committee. Its first members included professor John E. Hopcroft, a Turing Award winner, Gao Wen, a professor at the Chinese Academy of Engineering, as well as Zhang Ba, a professor at the Chinese Academy of Sciences.
“I regret not having entered into China’s market earlier. Now, I can hear vibrating sounds everywhere making me uncomfortable,” said Louis Yang, founder of Musical.ly, a social network with short-form videos, on October 10 at the GGV Evolving Lifestyle Conference.
On the afternoon of October 10, in GGV2017 Lifestyle Change Conference held by GGV Capital (纪源资本) today, Zhang Yiming, the founder and CEO of Toutiao.com, said that only after making Douyin APP, which enables many people to display their life ways, did he find that what various lifestyles the society had. "Entrepreneurship enables you to contact…
JD's (京东）closing price on June 26 was $43.08, raising their total market value to $61.149 billion. They are quickly approaching to Baidu's total market value of $61.973 billion at the time, thus threatening the existing group of tech giants BAT: Baidu, Alibaba, and Tencent. In comparison, Baidu is lagging behind the other two in terms…