NewsCHINA BRIEF | ByteDance’s market capitalization hits between USD 100 billion and USD 140 billionThe firm’s value has risen more than a third within two years. 1 min read
The disposal of ByteDance’s stock will represent a gain of investment of around USD 66 million. NewsCHINA BRIEF | Cheetah Mobile’s stocks soar 47% after announcing special cash dividend and disposal of equity ownership in ByteDance2 mins read
The site is one of China’s largest medical information portals. NewsCHINA BRIEF | ByteDance acquires online medical encyclopedia Baikemy.com1 min read
Tencent’s enterprise version of WeChat saw huge user growth during the outbreak period as it embraced the transition to remote work. Visual StoriesKEY STAT | 220 million people hosted online meetings on WeChat Work2 mins read
Bytedance is a latecomer in the IoV sector filled with players including Alibaba, Tencent, and Baidu. NewsByteDance steers into automobile sector with plans to integrate Douyin and Toutiao into cars2 mins read
The company has gone live an enterprise-facing cloud service platform called Huoshan Yinqing. NewsByteDance ventures into cloud computing sector with launch of Huoshan Yinqing2 mins read
YY’s Likee already has over 115 million monthly active users worldwide and is growing fast. VideosVideo | Is Likee becoming the next TikTok?1 min read
The company behind TikTok has been active in the edtech sector, pushing a series of apps and platforms for language learners. NewsCHINA BRIEF | ByteDance launches new English learning app ‘E Say’1 min read
For ByteDance, Indonesia offers a tremendous opportunity with over 60 million Gen Z and 63.5 million millennials. InsightsByteDance’s music streaming app Resso is set to take on competitors in Indonesia: Interview with country manager Tricia Dizon4 mins read
NewsDeals in brief: Habitto raises Series A funding, OpenAI tender offer to boost SoftBank’s stake, Deutsche Bank backs Partior, and more
