Douyin

ByteDance is considering pushing for a separate listing of Douyin, the Chinese version of TikTok, in Hong Kong, 36kr said, citing sources with knowledge of the matter, adding that a number of investment banks, including Goldman Sachs, have talked to ByteDance about underwriting.

On October 23, Douyin, the Chinese version of TikTok, announced the launch of its "Seeing Crafts" program for artisans and artisan businesses across the country, with the hope that the program will help more than 1,000 artisans earn more than 1 million yuan in the coming year, according to Mu Qing, head of Douyin's e-commerce operations.

Douyin and its overseas version of TikTok generated more than $130 million in global App Store and Google Play revenue in September 2020, 7.9 times more than in September last year, once again topping the global mobile app (non-game) revenue chart, according to Sensor Tower data.

Douyin, Chinese version of TikTok, has over 600 million daily active users

Douyin, the Chinese version of TikTok, has signed a new round of cooperation with Alibaba's Taobao e-commerce platform on advertising and e-commerce, with the overall size of the partnership surpassing that of last year, according to Sina Tech.

TikTok and its Chinese version Douyin topped the global mobile app (non-game) download charts in July with more than 65.2 million downloads, up 21.4 percent from the same period in 2019, according to Sensor Tower.

TikTok and its Chinese version, Douyin, generated more than $102 million in global App Store and Google Play revenue in July, 8.6 times that of the same period of last year, according to a report released today by mobile app analytics platform Sensor Tower.

In May 2020, the short video app TikTok took the top spot in global mobile app (non-game) revenue. That makes its owner ByteDance the only other tech company besides Apple to have more than 100 million users in both China and the West.

In response to report that Douyin is making AI chips, the company said that "the information is untrue and no AI mobile phone chip has been developed."

Douyin, the Chinese version of TikTok, has recently launched a video call function.