NewsCHINA BRIEF | Tiger Global becomes stakeholder in Bytedance, joining SoftBank and SequoiaThe company’s valuation has risen at least 20% from two years ago. 1 min read
Once again, a Chinese company is the most valued unicorn in the world. VideosVideo | These are China’s most valuable unicorns in 20201 min read
Domestic operations resume but foreign clients are in hot water. InsightsChina’s factories restart just as coronavirus hits global demand6 mins read
Education is one of the company’s new focuses, according to founder Zhang Yiming. NewsCHINA BRIEF | ByteDance steps up its education business with new edtech company1 min read
The world health body now has nearly half a million followers on TikTok after posting 11 short videos that attracted a total of 3 million likes. NewsWHO plans live streaming video on TikTok to fight coronavirus ‘infodemic’2 mins read
The firm also announced an expected slowdown in revenue for the first half of 2020 due to coronavirus. NewsTencent Music Entertainment sees profits grow as paying users rise2 mins read
The startup expects to nearly double its global headcount to 100,000 by the end of 2020. NewsByteDance’s founder Zhang Yiming to focus on global expansion after firm’s management restructure2 mins read
Resso offers social sharing services to let users interact with each other while enjoying music. NewsByteDance’s music streaming app Resso has officially launched in Indonesia1 min read
The firm plans to set up its new ad network center in the city-state to target the Southeast Asian market. NewsCHINA BRIEF | ByteDance goes on Singapore hiring spree, poaching Facebook and Google employees1 min read
NewsDeals in brief: Habitto raises Series A funding, OpenAI tender offer to boost SoftBank’s stake, Deutsche Bank backs Partior, and more