This decision comes in the wake of the TikTok Shop and Tokopedia merger, which has left ByteDance’s Indonesian e-commerce business with approximately 5,000 employees. The consolidation is aimed ...
When TikTok needed an e-commerce partner in Indonesia, Tokopedia was an obvious candidate for the vast network of warehouses, ...
ByteDance wanted TikTok to repeat the success ... And within weeks, it was ready to buy a stake in Tokopedia, a former startup that had become one of Indonesia’s main e-commerce platforms.
ByteDance, the Chinese technology company behind TikTok, stated in its latest corporate discipline report that the company had fired 103 employees, including contractors and interns, for various ...
The move prompted TikTok’s Chinese parent company, ByteDance, to invest US$1.5 billion in a merger with Indonesian e-commerce giant Tokopedia this year, gaining re-entry into the market. On Oct 1, ...
ByteDance founder Zhang Yiming is now China's richest person, according to Hurun Research Institute's China Rich List. 41-year-old Zhang, with a personal wealth of $49.3 billion, beat Nongfu ...
ByteDance founder Zhang Yiming tops the list of China’s richest people, according to the Hurun Research Institute, although many of them have seen their net worth plunge over the past year HONG ...
Bytedance has set aside the ten-figure sum to pay regulatory fines in Europe while facing a barrage of investigations and lawsuits across the continent and the United States over TikTok’s mishan ...
The documents also show developer ByteDance knew that screen-time tools it introduced would be ineffective, and were nothing more than a PR measure … ByteDance is fighting potential TikTok bans ...
She was shortlisted for the Guardian… ul> ByteDance has launched its first AI-powered earbuds, the Ola Friend. The earbuds support tasks like answering questions, travel guidance and are ...