EqualOcean uses cookies to improve functionality and performance of this site. More information could be found in our Privacy Policy. By continuing to browse this site, you consent to the use of cookies.
EqualOcean uses cookies to improve functionality and performance of this site. More information could be found in our Privacy Policy. By continuing to browse this site, you consent to the use of cookies.
Thank you for subscribing.
Please check your email to confirm.
Unsubscribe success..
You already subscribed and confirmed.
Please check your email.
You already subscribed.
Please check your email to confirm.
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.
| 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 |
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’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 has invested in China's second largest Wikipedia-like platform Baike, which is a direct competitor of Baidu Baike
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.
Financing negotiations are on-going as Tencent plans to invest USD 1-1.5 billion in Kuaishou
ByteDance will be rolling out its first game in 2020 directly competing with Tencent
The creator of world famous app TikTok, ByteDance moves into search business to rival Baidu
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.
EqualOcean is a leading industrial tech media and investment research company that focuses on technological and industrial innovation in China.
We aim to assist Chinese entrepreneurial enterprises to break into the global market and provide overseas investors, VCs, and enterprises with a deeper understanding of China's business environment and to seize opportunities in China.
Join over 800,000 of your peers
Copyright 2018-2019 EqualOcean.com
