Social Platform Developer WOMO Technology Exceeds 20M Yuan in Round-A Funds
WOMO Technology, a Gen Z-oriented social platform based on AI two-way matching, has received over 20 million yuan ($2.97 million) in round-A financing.
8/11/20223 min read
Tag: #TikTok
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Douyin Launches In-app Ride-Hailing Service
The official launch of Douyin's ride-hailing service indicates that ride-hailing services will complement Douyin's existing businesses such as dining, entertainment, and travel, enhancing Douyin's commercial ecosystem.
ByteDance’s Toutiao, Watermelon Video to Be Merged Into Douyin, Zhou Shouzi Steps Down as CFO to Focus on TikTok
Bytedance CEO Liang Rubo released an internal letter this morning, saying that the firm will make organizational changes and set up six business units.
Ep. 35: New WeChat Challengers: Duoshan, Toilet, and Bullet 2.0
In episode 35 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about WeChat competitors. Specifically, they focus on three apps that all decided to launch on Tuesday, January 15, 2019: Bytedance’s Duoshan, Wang Xin’s self-proclaimed “anti-WeChat” Toilet, and Bullet Messenger 2.0.
1/18/201925 min read
ByteDance's Douyin Tests New Page Layout of E-Commerce Service
Douyin, the Chinese mainland version of ByteDance's TikTok, is alpha testing a new version with changes to its e-commerce layout.
3/31/20222 min read
TikTok and WeChat Deny User Records Leakage
A recent poster on a hacker forum claims to have obtained TikTok's and WeChat's databases on Alibaba's cloud service platform, which together contain over 2.05 billion user records. However, Tencent, WeChat's parent company, and TikTok denied any security breach.
China VC Weekly: Mixed Reality and Cleaning Technology
Qualcomm-backed Nreal, announced the completion of a $40 million B1 round of financing led by the Chinese short-video giant and TikTok nemesis Kuaishou.
Kevin Mayer Resigned as TikTok Global Chief, Venessa Pappas to be Interim Head
On Aug. 27, at 12: 14 PM, Beijing local time, Kevin Mayer sent out an all-staff internal letter and announced to resign as global COO of ByteDance.
8/27/20206 min read
ByteDance Surges to $5.64 Billion Revenue in Q1
TikTok owner ByteDance announced revenue of 40 billion yuan ($5.64 billion) in the first quarter of 2020, up 130 percent from the previous year.
Insiders Deny ByteDance’s TikTok Has Reached 1B Worldwide Daily Active Users
It was reported that at about 17:31 on October 18, the global daily active users (DAU) of TikTok, a world-famous short video sharing app under ByteDance, exceeded 1 billion. Company insiders later responded that the news was untrue.