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DOUYIN GROUP
Xi's $270 billion Middle East bet limits China support for IranChina's substantial investments across the Middle East, particularly in green tech and tourism, are now jeopardized by regional conflict. D...
How TikTok's parent, ByteDance, became an AI powerhouseByteDance is also using the data as the linchpin of a growing business in artificial intelligence. The company has invested billions of dol...
Chinese ecommerce giants face delicate balance between discounts, profitAlibaba's earnings reports are crucial indicators for China's consumer sentiment, influenced by competition from Pinduoduo and Douyin. The ...
China video app Douyin Group CEO resigns to take new role within ByteDanceZhang Nan, who also uses the English first name Kelly, posted on her personal social media account on WeChat that she was resigning from th...
Bytedance says Zhang Nan resigns as Douyin Group's CEOZhang posted on her personal social media account on WeChat that she was resigning from the position, in a move confirmed by ByteDance.
China's ecommerce platforms not doing enough on climate: GreenpeaceIn a report ranking the environmental record of six of China's ecommerce giants, Greenpeace said the discount online shopping platform Pind...
Alibaba banks on aggressive Singles Day pricing to recoup sales mojoWhile Alibaba has announced that it will offer 80 million products at their lowest prices this year during Singles Day, which began in late...
Alibaba fourth-quarter revenue rises 2%Alibaba Group Holding Ltd. reported fourth-quarter revenue that missed expectations, as Chinese consumer spending has gained some momentum ...
Tencent bets big on WeChat Channels in push to build its own TikTokWeChat Pay became the second-biggest player in China's mobile payment market within a year of its 2013 launch, behind Alipay which is owned...
US game software developer Unity to set up China JV for expansionThe JV, named Unity China, will shortly start building local custom versions of its core products for game developers and will become the e...
TikTok owner ByteDance's revenue growth slowed to 70% in 2021Chinese tech giants from Tencent to Alibaba have reported slowing growth amid a wide-ranging crackdown by the country's regulators who have...
China tech crackdown: Tencent to allows WeChat users access to rivals' linksWeChat will implement the changes in phases—starting with allowing users to access links in private, one-to-one chats once they upgraded to...
ByteDance says it will downsize fintech business, plans to sell stock broker opsByteDance also operates Douyin Pay, its own third-party mobile payment, to facilitate users on e-commerce transactions on short video app D...
ByteDance considers listing Douyin in New York or Hong Kong: ReportThe company had also been considering listing some of its Chinese businesses including news aggregator Toutiao in Hong Kong or on Shanghai'...
TikTok owner ByteDance launches Douyin Pay, its mobile payment service for China"The set-up of Douyin Pay is to supplement the existing major payment options, and to ultimately enhance user experience on Douyin," Douyin...
TikTok-owner ByteDance to rake in $27 billion in ad revenue by year-end-sourcesThe company's overall revenue goal for 2020 is around $30 billion, Reuters previously reported, which means ByteDance's ad revenue in China...
Report claims ByteDance links with China’s ‘Party-state’ establishmentThe findings of this report come close on the heels of TikTok suspending an American teen, Feroza Aziz, from its platform for posting a vid...