ByteDance founder Zhang Yiming is now China’s richest person with net worth of $49.3 billion. India's richest man Mukesh Ambani has a signi...

Alibaba's first-quarter revenue fell short of market expectations, impacted by cautious consumer spending in a struggling Chinese economy. ...

The Chinese internet giant has recently started to allow some content creators with more than 100,000 followers to put part of their videos...

In a report ranking the environmental record of six of China's ecommerce giants, Greenpeace said the discount online shopping platform Pind...

While Alibaba has announced that it will offer 80 million products at their lowest prices this year during Singles Day, which began in late...

Algorithms used by tech companies like Alibaba and Bytedance are closely guarded globally, but in March, China rolled out regulations oblig...

The rules are part of a broad regulatory crackdown by Beijing against its once free-wheeling technology sector.

The 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 ...

This follows an announcement by Cyberspace Administration of China that it would look into accounts that have repeatedly released financial...

In an email sent to current and former employees this week, ByteDance said eligible shareholders can apply to sell their holdings by June 2...

ByteDance last month hired former Xiaomi executive Shou Zi Chew to a newly-created role as chief finance officer, suggesting the tech compa...

The company had also been considering listing some of its Chinese businesses including news aggregator Toutiao in Hong Kong or on Shanghai'...

The Chinese company managed to grow operating profit to roughly $7 billion in 2020 from less than $4 billion the prior year.

The company is discussing the round with existing investors including Sequoia Capital and General Atlantic to raise around $2 billion for t...

ByteDance 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...

The findings of this report come close on the heels of TikTok suspending an American teen, Feroza Aziz, from its platform for posting a vid...

For TikTok to be a true success, it needs to appeal to the likes of Nike, Coca-Cola and McDonald’s. Its advertising business is ready to ta...