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 to spend up to $3 bln to repurchase shares from investorsThe company's board will put the proposal, which values its shares at up to $176.9 apiece, to its shareholders at the end of this month and...
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...
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 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...
TikTok parent, ByteDance, hits $3 billion in net profit last yearByteDance, led by Zhang Yiming, is becoming a viable rival to the dominant American online behemoths, Facebook Inc. and Alphabet Inc. Faceb...
TikTok's parent, ByteDance, launches global hiring spree with 10,000 new jobsLike rival Tencent Holdings Ltd, ByteDance’s social media channels have seen usage spike after the Covid-19 pandemic confined millions of p...
TikTok’s parent pushes into search businessByteDance, known for aggressively recruiting top tech talent, is turning its attention to one of the most lucrative businesses online.
World's most valuable startup takes a hit from China's slowdownThe company told investors to expect revenue of 50 billion ($7.4 billion) to 55 billion yuan during its most recent fundraising.
Move Over, Uber: This little known media company is now the world’s most valuable startupSix-year-old Bytedance has surpassed Uber Technologies Inc. to become the world’s most valuable startup.
35-year-old unknown creates the world's most valuable startupZhang's firm is on its way to a more than $75 bn valuation - a price tag that surpasses Uber Technologies.
News aggregator NewsDog raises $50m from Tencent, othersThe company, which has been topping the Google Play store news category since 2016, claims to have over 50 million users and is available i...
ShareChat valuation may hit $400 million in new roundThe deal is expected to increase the valuation of the startup 4-5 times to $400 million in less than six months after it raised funds from ...
Next-gen tech giants from China gear up to invade IndiaToutiao, Meituan Dianping and Didi Chuxing are aggressively looking to expand in India through investments and partnerships.
Chinese tech, media companies back desi news sitesOne of the top news apps in India on the Google Play Store, News-Dog, just like UCWeb, which is backed by Tencent’s rival Alibaba, aggregat...
In battle for talent, one startup founder tries 'unlimited' payThe company is best known for a mobile app called Jinri Toutiao, or Today's Headlines, which aggregates news and videos from hundreds of me...
In battle for talent, one startup founder tries 'unlimited' payThe company is best known for a mobile app called Jinri Toutiao, or Today's Headlines, which aggregates news and videos from hundreds of me...