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ByteDance

ByteDance

Bytedance was founded in 2012 and its flagship product, Toutiao, is the largest AI-powered content platform in China. Toutiao delivers personalized content recommendations to every user based on their interests.

OVERVIEW

Category
Technology
Headquarter
Beijing, China
Founded Time
Mar. 1, 2012
Latest Funding
Pre-IPO
Company Size
30000+
Also Known As
字节跳动, Zijie Tiaodong
Legal Name
Beijing Bytedance Technology Co., Ltd.
Name (Chinese)
ByteDance
Legal Name (Chinese)
北京字节跳动科技有限公司
Website
Email Address
globalmedia@bytedance.com
Phone Number
NA
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FUNDING

Number of Funding Rounds 7
Total Funding Amount USD 7.10B
Announcement Date Funding Round Funding Raised Lead Investor(s)
Oct. 20, 2018 Pre-IPO 4.00B SoftBank Capital China Venture Capital,Primavera Capital, Kohlberg Kravis Roberts & Co. L.P.
Aug. 11, 2017 Venture-Series Unknown 2.00B General Atlantic, Ethos Partners(Singapore), Altimeter Capital
Apr. 7, 2017 Series D 1.00B Sequoia Capital China, CCB International Holdings
Jun. 1, 2014 Series C 100.00M Sequoia Capital China, WeiVC Incubator, Ether Capital
Sep. 1, 2013 Series B 0.00 Digital Sky Technologies(DST)
Aug. 1, 2012 Series A 0.00 Susquehanna International Group(SIG)
Jul. 2, 2012 Angel Round 0.00 LIU Jun, ZHOU Zijing
Announcement Date

Oct. 20, 2018

Funding Round

Pre-IPO

Funding Raised

4.00B

Lead Investor(s)

SoftBank Capital China Venture Capital,Primavera Capital, Kohlberg Kravis Roberts & Co. L.P.

Announcement Date

Aug. 11, 2017

Funding Round

Venture-Series Unknown

Funding Raised

2.00B

Lead Investor(s)

General Atlantic, Ethos Partners(Singapore), Altimeter Capital

Announcement Date

Apr. 7, 2017

Funding Round

Series D

Funding Raised

1.00B

Lead Investor(s)

Sequoia Capital China, CCB International Holdings

Announcement Date

Jun. 1, 2014

Funding Round

Series C

Funding Raised

100.00M

Lead Investor(s)

Sequoia Capital China, WeiVC Incubator, Ether Capital

Announcement Date

Sep. 1, 2013

Funding Round

Series B

Funding Raised

0.00

Lead Investor(s)

Digital Sky Technologies(DST)

Announcement Date

Aug. 1, 2012

Funding Round

Series A

Funding Raised

0.00

Lead Investor(s)

Susquehanna International Group(SIG)

Announcement Date

Jul. 2, 2012

Funding Round

Angel Round

Funding Raised

0.00

Lead Investor(s)

LIU Jun, ZHOU Zijing

UPDATES

Kuaishou Boasts of CNY 100 M in Sales During Three-day Shopping Festival
Kuaishou announced that it generated over CNY 100 million in sales volume from the goods sold on its platform during a three-day-long online shopping festival.

Kuaishou announced that it generated over CNY 100 million in sales volume from the goods sold on its platform during a three-day-long online shopping festival.

Baidu Backs an Online Education Firm to Rival Bytedance
Baidu’s entrance into K12 English education came only weeks after ByteDance launched a direct challenge to Baidu’s core business by setting up its own search engine.

Baidu’s entrance into K12 English education came only weeks after ByteDance launched a direct challenge to Baidu’s core business by setting up its own search engine.

Bytedance Plans to Shrug off Baidu from 'BAT'
Bytedance has invested in China's second largest Wikipedia-like platform Baike, which is a direct competitor of Baidu Baike

Bytedance has invested in China's second largest Wikipedia-like platform Baike, which is a direct competitor of Baidu Baike

Chinese Companies Seize Investment Chance amid Turkey's Financial Winter
Alibaba's USD 721 million injections in Turkey's major e-commerce startup has fueled the industry with confidence. As Turkish lira recovers after a year-long free-fall, China's presence gains visibility in Turkey's emerging business scenes.

Alibaba's USD 721 million injections in Turkey's major e-commerce startup has fueled the industry with confidence. As Turkish lira recovers after a year-long free-fall, China's presence gains visibility in Turkey's emerging business scenes.

ByteDance Challenges Yet Another Giant as it Sneaks into Gaming
ByteDance will be rolling out its first game in 2020 directly competing with Tencent

ByteDance will be rolling out its first game in 2020 directly competing with Tencent

ByteDance to Enter the Search Engine Business
The creator of world famous app TikTok, ByteDance moves into search business to rival Baidu

The creator of world famous app TikTok, ByteDance moves into search business to rival Baidu

Kwai and TikTok Enter Top 3 Grossing Photo & Video Apps Worldwide for Q2 2019
AI-enabled Chinese mobile short-video app Kwai and TikTok ranked the second and third grossing photo & video category apps worldwide, estimated by market intelligence company SensorTower. 

AI-enabled Chinese mobile short-video app Kwai and TikTok ranked the second and third grossing photo & video category apps worldwide, estimated by market intelligence company SensorTower. 

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