BYTEDANCE Volanews

ByteDance Gaming Unit Agrees to Acquire Mobile Legends Developer Moonton ByteDance said on Monday that its gaming subsidiary Nuverse has signed an agreement to acquire Moonton, a Shanghai-based mobile game developer focusing on overseas markets, in the latest demonstration of the TikTok owner’s commitment to the competitive but lucrative gaming business.

by caixinglobal

2021-03-26

CHINA TECH GIANT BYTEDANCE

ByteDance Explores Sale Of Indian TikTok Assets To Rival Firm Glance China’s ByteDance is said to be exploring the sale of the India operations of TikTok to rival unicorn Glance, Bloomberg News reported on Saturday.

by DealStreetAsia

2021-02-15

US WALMART TikTok

Walmart Partners With TikTok to Sell Merchandise While Livestreaming The world's largest retailer's planned investment in TikTok will help it engage with younger audience and supercharge its battle against Amazon.com Inc

by LiveMint

2020-12-18

CHINA BYTEDANCE GIANTS

ByteDance And Kuaishou Venture into China’s Red-Hot Group-Buying Sector ByteDance, on the other side, has been incubating a grocery group-buying business internally, which was initially named Jinri Maicai.

by KrAsia

2020-11-27

CHINA GIANT Zhangyue

ByteDance Injects USD 1 Billion in Online Publisher Zhangyue, Main Rival of Tencent’s China Literature Beijing-based Zhangyue has over 170 million monthly active users on its platforms, which allows users to read unlimited books online or to download them to reading devices, and the Zhangyue Campus App, a similar concept focusing on textbooks.

by KrAsia

2020-11-06

CHINA GIANT BYTEDANCE

Chinese ByteDance Debuts New Brand to Reignite Its Education Business Chen Lin, former head of ByteDance’s entire education businesses, will be the CEO of the newly established firm, which already counts over 10,000 employees.

by KrAsia

2020-10-30

CHINA GIANT BYTEDANCE

Chinese ByteDance Launches Mobile Game Distribution Platform Danjuan Danjuan evolved from Youxiaobang, an online forum for the hit causal game Wo Gongfu Teniu (“My Kungfu is special”), published by ByteDance-owned game studio Ohayoo.

by KrAsia

2020-10-30

CHINA GIANT BYTEDANCE

ByteDance Weighs Listing Chinese Short Video App Douyin in Hong Kong The company is exploring possibilities with investment banks about a standalone IPO for Douyin.

by ChinaDaily

2020-10-28

CHINA GIANT TikTok

Oracle Confirms Deal with Chinese Tiktok-Owner Bytedance to Become 'Trusted Technology Provider' Depending on how the deal works out, it could boost Oracle’s cloud business. It might make Oracle more visible to young consumers and give it control over a prominent advertising venue.

by cnbc

2020-09-15

CHINA GIANT TikTok

Chinese Tiktok in Talks with Donald Trump Administration to Avoid Full Sale of US Assets The talks with the administration have picked up since last week, when the Chinese government passed new rules restricting the export of artificial-intelligence technology, which could affect the sale of TikTok to a non-Chinese owner.

by KrAsia

2020-09-10

CHINA TECH GIANT BYTEDANCE

Tiktok Parent Bytedance Considers Listing China Business in HK Or Shanghai One of the two also said ByteDance is simultaneously studying the option to list its smaller, non-China business – which includes TikTok that is not available in China – in Europe or the United States.

by DealStreetAsia

2020-08-05

CHINA VIDEO GIANT TikTok

Trump to Give Tiktok’s Chinese Owner 45 Days to Reach Deal to Sell Under the proposed deal, Microsoft said it would take over TikTok's operations in the United States, Canada, Australia and New Zealand.

by DealStreetAsia

2020-08-03

CHINA GIANT BYTEDANCE

Chinese Bytedance Investors Value Tiktok at $50b in Takeover Bid By comparison, Snap is valued at 15 times its projected 2020 revenue, at about $33 billion, according to data provider Refinitiv.

by DealStreetAsia

2020-07-30

CHINA TECH GIANT BYTEDANCE

ByteDance First Quarter Revenues up 130% with Annual Target Half Tencent’s 2019 Earnings TikTok’s owner set an annual revenue goal of RMB 200 million, while more than 80% of its 2019 revenue was from online advertising.

by KrAsia

2020-06-19

CHINA TECH GIANT UNICORNS

ByteDance’s Market Capitalization Hits Between USD 100 Billion and USD 140 Billion The firm’s value has risen more than a third within two years.

by KrAsia

2020-05-22

INDIA CONTENT PLATFORM DailyHunt

India-based News and Local Language Content Platform Dailyhunt Nabs $23.5m Funding from Falcon Edge, Bytedance, Others According to report, the startup’s valuation is estimated to have touched $543m in the current round

by DealStreetAsia

2020-04-21

CHINA Robot Cleaner Narwal Robotics

ByteDance co-leads USD 14 million investment in China-based robot cleaner startup Narwal Robotics This new investment was co-led by Source Code Capital and ByteDance, with existing investors including Infore Capital and Dami Ventures also pouring money into the round.

by kr-asia

2020-04-07

CHINA ENTERTAINMENT BYTEDANCE

Tiger Global acquires stake in Bytedance through secondary transactions ByteDance has emerged as the world’s most valuable startup on the explosive popularity of its short video entertainment app TikTok.

by entrackr

2020-03-31

CHINA ENTERTAINMENT BYTEDANCE

ByteDance’s founder Zhang Yiming to focus on global expansion after firm’s management restructure The startup expects to nearly double its global headcount to 100,000 by the end of 2020.

by kr-asia

2020-03-16

CHINA ENTERTAINMENT BYTEDANCE

ByteDance announces China leaders, targets 100,000 global headcount ByteDance appointed new heads for its China business and set a goal to nearly double its global headcount to 100,000 by the end of the year.

by DealStreetAsia

2020-03-13