China fuels rush to turn AI video into an industryShenzhen has emerged as a leading hub for AI filmmakers in China, attracting various local governments wanting to establish tech clusters. ...
25 Sep, 2026, 10.18 AM IST
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...
04 Sep, 2026, 05.18 PM IST
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 ...
30 Aug, 2026, 10.12 AM IST
Tech giants Tencent and Douyin to help China's exporters pivot to domestic marketTencent said on Thursday its program aimed to create 100 billion yuan ($13.7 billion) in sales for China's beleaguered export-dependent fir...
17 Apr, 2025, 10.04 AM IST
Chinese Social media platform bans Tibetan language, Tibetans condemn decisionTibetans in Tibet and around the world have expressed concerns over the Chinese social media platform Douyin's ban on Tibetan language cont...
04 Aug, 2024, 02.32 PM IST
Luxury influencers vanish from Chinese social media in wealth crackdownChinese social media censors have blocked multiple influencers known for showing off their lavish lifestyles after an official campaign to ...
28 May, 2024, 09.02 AM IST
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...
07 Feb, 2024, 04.24 PM IST
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.
07 Feb, 2024, 11.56 AM IST
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...
16 Nov, 2023, 05.08 PM IST
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...
31 Oct, 2023, 04.44 PM IST
Regulator visits ByteDance's Douyin to discuss revised pricing rulesThe regulator's research team visited Douyin where it listened to an explanation from the company on price compliance, and how to better un...
09 Mar, 2023, 03.46 PM IST
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 ...
02 Nov, 2021, 10.23 AM IST
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...
02 Sep, 2021, 12.05 PM IST
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...
23 Apr, 2021, 09.38 PM IST
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'...
31 Mar, 2021, 05.46 PM IST
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...
19 Jan, 2021, 04.10 PM IST
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...
03 Dec, 2019, 11.26 AM IST