NewsMeituan, the firm’s founder Wang Xing, and ByteDance all expected to invest in EV maker LixiangTesla’s presence puts pressure on China’s EV industry. 2 mins read
Meanwhile, former boss of Musical.ly was put in charge of the app’s international operation NewsTikTok sees 500% annual revenue growth in May1 min read
ByteDance bought two gaming companies earlier this year. NewsByteDance dips into gaming with new Oasis project1 min read
Last year, ByteDance formed a partnership with NBA. NewsChinese online sports community Hupu receives USD 182 million investment from ByteDance1 min read
It’s an effort to shield youngsters from social media addiction and harmful content. NewsChina rolls out child protection features on all major short-video sharing and video streaming platforms1 min read
It bought some patents of smartphone maker Smartisan earlier this year. NewsByteDance plans to launch a smartphone for children1 min read
The company has reportedly secured deals with two big Indian music labels. NewsByteDance to launch paid music service in emerging markets, challenging Spotify and Apple Music1 min read
It’s its second horse in the race to challenge WeChat. Tencent might hit back. NewsByteDance launches new social app to challenge WeChat1 min read
The viral short video app is on a winning streak. NewsTikTok is the most downloaded app on the App Store for five consecutive quarters1 min read
