NewsByteDance expects to raise USD 2 billion in new round led by Sequoia and KKRThe fresh investment would value ByteDance at USD 180 billion. 1 min read
Resso offers a freemium service, with a monthly ad-free subscription for IDR 49,000 or USD 3.27. NewsGoogle honors ByteDance’s Resso as one of Android’s best apps in 20201 min read
Bigo is not for sale, an insider tells 36Kr. NewsA Bigo VP has left over short-video app Likee’s sluggish monetization growth: Report2 mins read
Douyin Huoshan and Douyin have more than 600 million daily active users. NewsFormer Didi executive joins ByteDance’s Douyin Huoshan2 mins read
Latecomers have to be able to endure large-scale losses, says Haitong’s Natalie Wu. NewsByteDance and Kuaishou venture into China’s red-hot group-buying sector2 mins read
Platforms need to assign content moderators for every 50 online livestreaming channels. NewsChina blocks teens, unverified users from spending on livestreaming apps2 mins read
ByteDance’s e-commerce unit reportedly prefers a standalone shopping site similar to Tmall. NewsDespite a successful Singles’ Day, ByteDance faces internal divide over e-commerce strategy2 mins read
A technology advisor of President-elect Joe Biden said that it was “too early to say” what his view on TikTok might be. NewsUS TikTok ban blocked, but deal with Oracle, Walmart remains in limbo2 mins read
Approximately 86% of TikTok’s revenue came from Douyin in China. NewsKEY STAT | Tiktok and Douyin are the top-grossing apps worldwide for the seventh month2 mins read
