What’s the cheapest stock around right now? That has to be ByteDance, the privately owned Chinese tech giant that owns TikTok ...
ByteDance's weak e-commerce business is also a main contributor to slow ad growth, according to LatePost, as merchants and brands on the platform are the main advertisers. Wei Wenwen, president of ...
To mark its entry into the gaming business, the company launched Nuverse, a video game publisher. ByteDance also made a total of 7 acquisitions that year, fueling its growth in artificial ...
The growth also outpaced Facebook parent Meta ... generated around half of its total sales from its core e-commerce business. ByteDance is now a direct competitor with Alibaba as Douyin, with ...
Zhang Yiming, founder of ByteDance and architect behind TikTok and Douyin, has ascended to the top of China's wealth ladder ...
Zhang Yiming, founder of tech giant ByteDance, which owns the TikTok social media platform, is China's richest person with ...
The global rise of TikTok has made Zhang Yiming, co-founder of its parent company ByteDance, China’s wealthiest individual, ...
The Southeast Asian e-commerce market is expected to more than double in the next six years to reach US$370 billion by 2030, ...
The chairman of General Atlantic, among the largest U.S. investors in China with stakes in TikTok owner ByteDance ... supports global growth.” One notable catalyst to business momentum next ...
"That involves some business secrets, which is not possible to be released to the public," he told Bloomberg. ByteDance declined to comment when approached by the BBC on Tuesday. Alibaba and ...
TikTok owner ByteDance has been losing momentum in 2024, with slower revenue growth and narrower profit margins for the first three quarters compared with last year, according to local media.