ByteDance

But the move could curtail their future growth.

The company moves into entertainment production.

One app is a particular favorite.

This formation links up with sentiments shared by the highest political office in the country.

ByteDance’s Douyin app, which features 15-second videos and is known as TikTok outside of China, has started to allow a subset of users to share videos lasting up to 5 minutes, presumably to div

The company has been paving the way for this service in the past year.

ByteDance, currently considered the world’s most valuable startup, has invested in another game publisher, a sign of its ambition in the gaming industry, corporate registration information on qi

China’s ByteDance grossed an estimated US$75 million in revenue through selling virtual currency on its TikTok and Douyin.