ByteDance is an internet technology company that enables to discover a world of creative content platforms.
Previously, bytedance through the algorithm recommended to make graphics and short videos as good as fish, but in the field of long video, this trick may not be effective. After all, in the field of film and television dramas whose quality is above all else, reputation is more important than algorithms.
On March 30, Tiger Global Fund revealed in a letter to investors: Over the past 21 months, it bought low-priced equity in ByteDance. It is reported that Tiger Global Fund initially invested in ByteDance at a valuation of $ 37.5 billion, and later increased its shareholding in ByteDance by acquiring more equity in the secondary market.
Tech giants are seeing the epidemic as a window of opportunity to explore the ever-growing education industry in China.