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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 |
ByteDance unveiled its new instant messaging app “Flipchat” on May 19, with similar functions to those found in other apps like Jike and Douban. So why does ByteDance foothold in instant messaging?
The world's most valuable start-up, Bytedance, provided its best negotiators to restore the situation in India. During the time TikTok was shelved, the company compromised significantly.
Bytedances domestic Short video platform Douyin has taken another step towards the ecommerce industry by adding a new feature to its app
On May 6, 2019, Tik Tok ranked 1st place in terms of the free App’s download volume in Indian Google Play.
These are the top 20 Chinese short video/live applications with the highest number of downloads and revenues during the first quarter of 2019
A war between two Chinese internet giants, Baidu and ByteDance, has been lasted for several years. Baidu enters the short video market, while ByteDance launches search function in Toutiao.
On Apr 30, 2019, Tik Tok relisted in Indian Google Play and App Store. Tik Tok, is the short-video sharing platform made by ByteDance.
On Apr 29, 2019, it is reported that ByteDance, the parental company of Toutiao and Tik Tok, acquired Terark, which is a big data analysis company.
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