ByteDance to Set Chengdu Innovation Business Unit
ByteDance reached cooperation with Chengdu Hi-tech Zone government. The mega unicorn plans to build the innovation business center in Chengdu and expands the team to a size of 10,000 in the next five years.
The parent company of TikTok met the US government's 'China Tech Attack.' The turbulent global business environment may shift the company's focus back to the homeland again after the aggressive overseas expansion.
This text is a result of machine translation.
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