ByteDance is an internet technology company that enables to discover a world of creative content platforms.
ByteDance, founded in March, 2012 and headquartered in Beijing, is a technology company researching 'artificial intelligence connected to mobile internet scenarios'. Established by Zhang Yiming, the company has received financings from Fidelity International, Tiger Global Management and so on. Rivals that have direct and indirect competition with ByteDance globally include Baidu, Tencent, Facebook, etc.
ResearchConsumer Staples, Communication, Consumer Discretionary
WIA2020 | Next 50 in Global Tech: Consumer Technology
TikTok's Parent Company ByteDance Doubles Revenue to USD 35 Billion in 2020
In the midst of the US and Indian bans on TikTok, ByteDance nevertheless achieved revenue of around USD 35 billion in 2020. ByteDance is growing at a brisk rate and pushing aggressively into a plethora of new areas, including the music, entertainment and edtech sectors.
Feb 02, 2021 02:06 AM