Bytedance

TikTok Eyes Indonesian Payments License to Boost eCommerce Business
TikTok Eyes Indonesian Payments License to Boost eCommerce Business
August 04, 2023  |  eCommerce

TikTok is reportedly in early-stage talks with Indonesian regulatory authorities to obtain a payments license. The ByteDance-owned social media platform’s application has been favorably received by Indonesia’s...

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China’s Child Screen Time Protections Could Hurt Social Media Giants
China’s Child Screen Time Protections Could Hurt Social Media Giants
August 02, 2023  |  Regulation

China’s internet regulator has introduced regulations to keep kids from spending too much time online. The rules issued by the Cyberspace Administration of China (CAC)...

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TikTok’s COO Vanessa Pappas Steps Down Amid Security Concerns
TikTok’s COO Vanessa Pappas Steps Down Amid Security Concerns
June 22, 2023  |  Personnel

Vanessa Pappas, chief operating officer at Chinese-owned video-sharing platform TikTok, is stepping down from her position after nearly five years with the company. The announcement...

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TikTok Expands Online Retail Offerings to Compete With Shein and Amazon 
TikTok Expands Online Retail Offerings to Compete With Shein and Amazon 
June 21, 2023  |  Retail

In a bid to compete with rivals like Shein and Amazon, TikTok is broadening its online retail offerings. ByteDance, the Chinese parent company of the...

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ByteDance Chasing WeChat in the Super-App Race With Douyin
ByteDance Chasing WeChat in the Super-App Race With Douyin
June 14, 2023  |  Connected Economy

ByteDance, the parent company of popular social media app TikTok, is on a mission to become China’s next “everything app” to rival the success of WeChat by Tencent. ...

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Report: ByteDance Among Bidders for Wanda Payments Unit
Report: ByteDance Among Bidders for Wanda Payments Unit
May 31, 2023  |  Acquisitions

China’s Dailan Wanda Group is reportedly selling its payments business to boost liquidity. The multinational conglomerate has held discussions about the sale with prospective buyers...

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TikTok Giving Oracle Code Access Amid Security Concerns
TikTok Giving Oracle Code Access Amid Security Concerns
May 23, 2023  |  Social Commerce

TikTok is reportedly giving Oracle access to its technology to ease national security concerns. According to a report Monday (May 22) by Bloomberg News, the...

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Report: TikTok Winds Back US Shopping Launch
Report: TikTok Winds Back US Shopping Launch
May 10, 2023  |  Social Commerce

TikTok has reportedly paused launching its U.S. shopping platform over fears of a ban. ByteDance, the social media company’s Chinese owner, has delayed opening the...

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As TikTok Is Squeezed, ByteDance Makes Lemon8
As TikTok Is Squeezed, ByteDance Makes Lemon8
April 29, 2023  |  Social Commerce

Lemon8, the sibling app of TikTok, is steadily growing its user base while TikTok faces challenges on Capitol Hill and the first state-approved measure to...

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