Bytedance

TikTok Owner ByteDance Advances Music-Streaming Service on Mainland
TikTok Owner ByteDance Advances Music-Streaming Service on Mainland
April 15, 2022  |  Streaming

ByteDance, operator of popular short video-sharing platform TikTok and Douyin, its Chinese version, has launched a music-streaming app as it seeks to compete with market-leading...

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Report: TikTok US Ad Revenue to Grow 184% in 2022
Report: TikTok US Ad Revenue to Grow 184% in 2022
April 11, 2022  |  Mobile Applications

TikTok is expected to increase its net U.S. ad revenue by 184% this year, or $5.96 billion, according to a recent report from research firm...

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ByteDance, Tencent, Alibaba Invest in China’s Regulated Metaverse
ByteDance, Tencent, Alibaba Invest in China’s Regulated Metaverse
February 14, 2022  |  Metaverse

Chinese tech giants are beginning to invest more in the metaverse, CNBC reported Sunday (Feb. 13). The ‘metaverse’ usually refers to a virtual world where...

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ByteDance Launches Non-Metaverse Virtual World
ByteDance Launches Non-Metaverse Virtual World
January 28, 2022  |  Metaverse

TikTok owner ByteDance has launched an app in China that lets users explore and interact in a virtual community. Just don’t call it a metaverse....

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ByteDance, Tencent, Added to Senate Antitrust Bill
ByteDance, Tencent, Added to Senate Antitrust Bill
January 20, 2022  |  ANTITRUST

A new antitrust bill headed to the Senate Judiciary Committee Thursday (Jan. 20) has been expanded to include two Chinese social media giants. As Bloomberg...

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ByteDance Scales Back Investments Ahead of Crackdown
ByteDance Scales Back Investments Ahead of Crackdown
January 19, 2022  |  Regulation

TikTok owner ByteDance is scaling back its investment operations in expectation that China will restrict the type of deal-making that has fueled the growth of...

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ByteDance Valuation Tops $400B
ByteDance Valuation Tops $400B
October 15, 2021  |  Investments

TikTok owner ByteDance’s valuation has reached $400 billion based on anonymous sales by online traders, with some analysts seeing that number climb higher, according to...

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Report: TikTok Parent ByteDance Seeking $4B in Debt Financing
Report: TikTok Parent ByteDance Seeking $4B in Debt Financing
September 08, 2021  |  Loans

Chinese firm ByteDance, owner of video-driven social media sites TikTok and Douyin, is looking for roughly $4 billion in loans as its initial public offering...

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TikTok Parent ByteDance Curtails FinTech Biz, Spins off Stock Trading Unit
TikTok Parent ByteDance Curtails FinTech Biz, Spins off Stock Trading Unit
September 02, 2021  |  Regulation

TikTok parent ByteDance is curtailing its FinTech operations and selling off its stock brokerage business as Chinese regulators continue to wield power over companies that...

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