ByteDance

  • ByteDance reportedly enters takeaway space to take on Meituan

    Douyin, the Chinese version of Byte Dance's TikTok, has recently set up a takeaway business team and has been testing it recently, tech media Tech Planet reported Wednesday.

  • ByteDance said to stop requiring employees to work on Sundays

    ByteDance is considering whether to eliminate the requirement to work every other Sunday and will likely announce a decision in the near future.

  • ByteDance reportedly to launch cloud computing service

    ByteDance Volcano Engine division will officially launch its cloud computing IaaS (Infrastructure as a Service) service, which includes computing, storage, and networking, in September-October of this year, LastPost reported Thursday.

  • Zhang Yiming steps down as CEO of ByteDance

    Zhang decides to let go of the day-to-day management of the company and focus on long-term priorities, including visionary strategy, corporate culture, and social responsibility.

  • ByteDance says in rare clarification it has no current plans to go public

    TikTok owner ByteDance has finally responded officially after rumors continued to circulate about its plans to go public.

  • ByteDance reportedly launches music business unit to take one Tencent Music

    Beijing-based TikTok owner ByteDance has set up a music business unit this year to take a slice of the music market dominated by giants like Tencent Music, according to an April 21 report by local media outlet Tech Planet.

  • Douyin aims to reach 680 million daily active users this year

    Douyin generated more than RMB 31 billion in ad revenue in the first quarter, and news aggregator Toutiao generated more than RMB 9.1 billion in ad revenue in the first quarter.

  • TikTok owner ByteDance said to go public in Hong Kong, valued at about $400 billion

    ByteDance has started the process of going public in Hong Kong and submitted an underwriter engagement letter to the Hong Kong Stock Exchange, the China Securities Journal reported Wednesday.

  • ByteDance's gaming business acquires another local game developer

    Beijing-based TikTok owner ByteDance has wholly acquired C4games, the developer of Red Alert Online.

  • Chew Shou Zi, president of Xiaomi's international division, resigns and will join ByteDance as CFO

    Joining ByteDance will allow him to re-base in his hometown of Singapore after 18 years away from home, Chew said.