ByteDance

As the highest valued tech unicorn on the planet, the only thing could dwarf ByteDance’s valuation is its grand ambition.

Zhang’s step back from the daily operations of Toutiao will allow him more time to focus on Bytedance’s corporate strategy.

Shortly after the release of e-commerce platform Zhi Dian, ByteDance now offers a new social commerce app called Xin Cao

All you need to know in the tech world today.

The company behind Chinese news aggregator Toutiao, and short video apps Douyin/Tik Tok, is apparently seeking a new funding round at a US$75 billion valuation.

All you need to know about the tech news today.

China’s Toutiao, also known as ByteDance, is raising between US$2.5 and 3 billion at a valuation of between $4.5 and 5 billion, sources told local Chinese media, in a round that leads up to a ru

This will pit Alibaba against Tencent, which backs Kuaishou, in the short-video war