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DOUYIN TIKTOK
ByteDance secures $29.6 billion loan in AI push, sources sayByteDance secured a massive $29.6 billion loan from nearly thirty banks. Chinese banks provided over sixty percent of this significant loan...- Vietnam’s coffee farmers are betting on durian to strike it rich in ChinaVietnamese farmers are shifting from coffee cultivation to durian farming. This change is driven by immense Chinese demand for the pungent ...
- China leaders take reins at TikTok Shop in US as sales miss goalTikTok Shop in the US is navigating turbulent waters as it struggles to meet its ambitious sales targets. In a significant shift, ByteDance...
- TikTok ban is US: New Chinese app surges to top of store downloads. Where to download?TikTok users in the US have started shifting to another Chinese App Xiaohongshu or RedNote in English.
- TikTok looks to take on Amazon in US, eyes $17.5 billion shopping business in 2024TikTok’s ambitious target sets up a clash not just with Amazon but also fellow Chinese-owned outfits Temu and Shein, who’ve been making big...
- ByteDance testing content paywall on TikTok's sister app DouyinThe Chinese internet giant has recently started to allow some content creators with more than 100,000 followers to put part of their videos...
- TikTok tests 15-minute video uploads with select usersTikTok is testing a new feature that allows users to upload 15-minute long videos, in a move to compete with YouTube. Previously, the maxim...
- TikTok slashes ad sales target by $2 billion after tech downturnTikTok Chief Executive Officer Shou Zi Chew told a handful of employees during a recent meeting that the Chinese-owned app has slashed its ...
- ByteDance to reorganize, CFO steps down to focus on TikTokThe move comes after ByteDance shelved its plan to go public in April and said it had no imminent plans for an initial public offering. It ...
- Timeline: ByteDance founder who put TikTok on global map to quit as CEOZhang, 38, turned ByteDance into a social media powerhouse which has also had many brushes with global regulators
- ByteDance says it has no immediate plans for public listingByteDance last month hired former Xiaomi executive Shou Zi Chew to a newly-created role as chief finance officer, suggesting the tech compa...
- TikTok owner's sales doubled to $35 billion despite US banThe Chinese company managed to grow operating profit to roughly $7 billion in 2020 from less than $4 billion the prior year.
- 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 in fundraising talks that will value it at $180 bln -sourcesThe company is discussing the round with existing investors including Sequoia Capital and General Atlantic to raise around $2 billion for t...
- Beijing unlikely to approve ByteDance's TikTok deal with Oracle, according to Global TimesByteDance has said it will create a U.S. subsidiary partly owned by U.S. majors Oracle and Walmart and managed mainly by Americans, to paci...
- Aspiring TikTok buyers pursue four options in effort to revive talksOther options being considered include asking for Chinese approval to pass TikTok's algorithm on to the acquirer of the short video app's U...
- Microsoft faces complex technical challenges in TikTok carveout, risks ire of Trump administrationTrump has given Microsoft until Sept. 15 to put together a blueprint for an acquisition that safeguards the personal data of Americans stor...
- TikTok says it will exit Hong Kong market within daysThe short form video app owned by China-based ByteDance has made the decision to exit the region following China's establishment of a sweep...
- 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...
- All about TikTok, the Chinese app in the eye of a storm in IndiaThe Madras HC has just ruled that the downloading of this app be prohibited in India.
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