ByteDance's Douyin and TikTok Earn over $258 Million in February
According to a report released by Sensor Tower on Thursday, in February 2022, TikTok and its sister app Douyin earned more than $258 million in the global App Store and Google Play.
Tag: #TikTok
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ByteDance to Disband Investment Team
Chinese Internet company ByteDance plans to disband its investment business as a whole, involving about 100 employees.
1/19/20223 min read
Search Department of ByteDance Starts Recruitment
On August 1, Bytedance posted a recruitment notice, announcing that their online search department is looking for new talent.
8/1/20192 min read
TikTok E-Commerce GMV Reached $951M in 2021
The gross merchandise value (GMV) of TikTok e-commerce in 2021 totaled about 6 billion yuan ($951 million), of which 70% or more came from Indonesia and the remaining 30% or less came from the U.K.
2/28/20223 min read
Jiang Lu, Head of Google's VideoPoet Project, Joined TikTok
Jiang Lu, a senior scientist at Google and part-time professor at Carnegie Mellon University's School of Computer Science, has joined TikTok.
TikTok CEO Grilled by US Lawmakers
The United States Congress recently held a hearing on TikTok after a three-year hiatus, revisiting concerns over the app's ownership by ByteDance and the possibility of separating it from the Chinese parent company or outright banning it in the US.
TikTok Partners With NBCUniversal for Beijing Olympics
Major U.S. media group NBCUniversal has reached a cooperation agreement with TikTok to promote the upcoming Beijing Winter Olympics using short videos.
1/27/20222 min read
SHEIN Pilots Taobao Model in Brazil
SHEIN, a cross-border fast fashion platform based in China, is piloting a model similar to Taobao in Brazil, whereby merchants set up stores directly on the site and are responsible for their own operations and logistics.
11/10/20223 min read
ByteDance Appoints Lawyer Julie Gao as New Chief Financial Officer
TikTok-owner ByteDance has appointed Julie Gao from international law firm Skadden as its new chief financial officer (CFO), according to an internal memo sent by ByteDance chief executive Liang Rubo on Monday.
China Now Has a Trust Issue with Tesla over Spy Concerns
Tesla CEO Elon Musk responded to concerns of Tesla spying for the U.S. government.
Winter Sport Product Sales on Douyin E-Commerce Leap 924% During 2022 Spring Festival
Between January 31 and February 6, the sales volume of goods sold on Douyin e-commerce platform increased by 119% compared with the same period last year.
2/9/20223 min read
ByteDance Said to Consider IPO for Douyin in Hong Kong or New York, Increasing Its Valuation to Nearly $400 Billion
TikTok owner ByteDance is planning to launch an offshore public listing for short video app Douyin, the Chinese version of TikTok, which could value the company at roughly $400 billion in the private market.