NewsChinese shoppers break sales records during 618 online festivalData may provide clues about current consumer confidence in China. 4 mins read
The growing sector gives video-sharing platforms an opportunity to gain presence in the e-commerce industry. NewsCHINA BRIEF | ByteDance forms e-commerce business unit1 min read
Vigo Video will cease operations as TikTok, ByteDance’s flagship app, faces hurdles in India, its biggest overseas market. NewsByteDance ends Vigo Video in India, following shutdowns in Brazil, Middle East2 mins read
The Beijing-based firm might steal Baidu’s position in China’s BAT triumvirate. InsightsByteDance’s investments bring a data-driven approach to new sectors6 mins read
Tencent-backed video app sees demand from product-placement streams. NewsTikTok rival Kuaishou builds USD 1.4 billion data center in China1 min read
The company also plans to open a “Transparency Center” in its Los Angeles office to give outside observers access to its content moderation and data practices. NewsCHINA BRIEF | ByteDance limits domestic employees’ access to overseas products, report says1 min read
In April alone, TikTok generated USD 78 million in revenue, surpassing Youtube. NewsCHINA BRIEF | TikTok owner ByteDance’s 2019 net profit exceeded USD 3 billion1 min read
The world’s most valuable startup continues its horizontal expansion while targetting international markets. Visual StoriesKEY STAT | TikTok owner ByteDance waltzs into USD 100 billion valuation club2 mins read
Among JOYY’s 520.1 million mobile monthly active users, 77% are from overseas markets. NewsCHINA BRIEF | JOYY’s Q1 revenues up 49.6% YoY but net income declines1 min read
