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Page 3 - Bytedance

Beijing took stake and board seat in key ByteDance domestic entity in 2021

The central Chinese government similarly holds a 1% stake in a key unit of Twitter-like Weibo called Beijing Weimeng Technology

Beijing took stake and board seat in key ByteDance domestic entity in 2021
Updated On : 17 Aug 2021 | 6:10 PM IST

TikTok owner ByteDance eyes Hong Kong IPO by early 2022: Report

ByteDance is going through a review process and has submitted filings to Chinese authorities, and final guidance is expected from ByteDance by September

TikTok owner ByteDance eyes Hong Kong IPO by early 2022: Report
Updated On : 09 Aug 2021 | 1:32 AM IST

ByteDance furloughs hundreds after China's tutoring crackdown

It's unclear if ByteDance will lay off more employees. Local media had earlier reported the shutting of the services

ByteDance furloughs hundreds after China's tutoring crackdown
Updated On : 06 Aug 2021 | 1:59 AM IST

ByteDance shelves IPO after regulators warn about data security: Report

The Chinese tech giant, whose apps also include TikTok's Chinese twin Douyin and the news aggregator Toutiao, had kicked off initial preparations for an IPO of its domestic assets

ByteDance shelves IPO after regulators warn about data security: Report
Updated On : 12 Jul 2021 | 10:25 PM IST

TikTok's algorithm no longer a secret, available to firms: Things to know

The company is trying to sell the magic formula which made TikTok a huge success. Listen in to know more

TikTok's algorithm no longer a secret, available to firms: Things to know
Updated On : 05 Jul 2021 | 5:16 PM IST

ByteDance selling TikTok's AI technology to firms, including those in India

China-based ByteDance which is parent company of TikTok, has reportedly started selling the AI technology of the short video-making app to other companies, including in India where the app is banned

ByteDance selling TikTok's AI technology to firms, including those in India
Updated On : 05 Jul 2021 | 10:53 AM IST

ByteDance founder tells staff he's moving away from daily CEO work: Report

In May, Zhang unexpectedly announced that he will step down as CEO of the TikTok owner amid Chinese' regulators' tightened scrutiny of the country's biggest technology firms.

ByteDance founder tells staff he's moving away from daily CEO work: Report
Updated On : 17 Jun 2021 | 2:22 PM IST

TikTok owner ByteDance's 2020 revenue soars, net loss at $45 billion: Memo

TikTok owner ByteDance's total revenue more than doubled last year to $34.3 billion but its net loss widened to $45 billion, according to a company memo seen by Reuters

TikTok owner ByteDance's 2020 revenue soars, net loss at $45 billion: Memo
Updated On : 17 Jun 2021 | 12:32 PM IST

ByteDance launches share buyback after shelving IPO plans: Report

BEIJING (Reuters) - ByteDance, the Chinese owner of short video platform giant TikTok, launched a share buyback this week for current and former employees, two people with direct knowledge of the matter said on Wednesday.

ByteDance launches share buyback after shelving IPO plans: Report
Updated On : 27 May 2021 | 2:16 AM IST

China says ByteDance, Baidu, Microsoft improperly collected user data

China's internet watchdog said on Friday that companies including ByteDance, Baidu and Kuaishou had improperly collected user data.

China says ByteDance, Baidu, Microsoft improperly collected user data
Updated On : 21 May 2021 | 11:46 AM IST

ByteDance founder Zhang Yiming to step down as CEO by end of 2021

Zhang will move to a 'key strategy' position at the end of this year, ByteDance said in a statement.

ByteDance founder Zhang Yiming to step down as CEO by end of 2021
Updated On : 21 May 2021 | 1:06 AM IST

ByteDance hires thousands to challenge e-commerce king Alibaba

A burgeoning e-commerce business could help the firm surpass its $250 billion valuation when it goes public, countering concerns around Beijing's crackdown on the country's internet behemoths

ByteDance hires thousands to challenge e-commerce king Alibaba
Updated On : 09 May 2021 | 11:36 PM IST

TikTok appoints ByteDance finance chief Shouzi Chew as new CEO

Chew had served as Xiaomi's chief financial officer from 2015 to 2020, and ran its international business for a year.

TikTok appoints ByteDance finance chief Shouzi Chew as new CEO
Updated On : 30 Apr 2021 | 8:28 PM IST
Updated On : 23 Apr 2021 | 8:26 PM IST

TikTok founder's $60 bn fortune places him among the world's richest people

38-year-old Zhang Yiming, is among the world's richest people -- a distinction that lately has carried increased risks in China

TikTok founder's $60 bn fortune places him among the world's richest people
Updated On : 15 Apr 2021 | 1:56 AM IST

China-based ByteDance's gaming unit Nuverse acquires C4games: Details here

China's ByteDance said on Wednesday that its gaming unit Nuverse has acquired C4games, as it seeks to further expand into the video games business

China-based ByteDance's gaming unit Nuverse acquires C4games: Details here
Updated On : 14 Apr 2021 | 8:20 AM IST

Pay Rs 79-cr GST dues to operate bank accounts, HC tells ByteDance

The indirect taxes department has accused ByteDance of evading taxes and not paying its GST dues in full, a charge denied by the Chinese firm

Pay Rs 79-cr GST dues to operate bank accounts, HC tells ByteDance
Updated On : 06 Apr 2021 | 11:12 PM IST

Bombay HC says ByteDance should deposit Rs 79 cr in tax evasion case

ByteDance has said in court it does not owe the tax Indian govt is demanding and does not agree with the tax authority's decision to freeze its accounts

Bombay HC says ByteDance should deposit Rs 79 cr in tax evasion case
Updated On : 06 Apr 2021 | 5:32 PM IST

ByteDance says India's freeze on bank accounts is harassment: Court filing

Beijing has repeatedly criticised India over that ban and those of other Chinese apps

ByteDance says India's freeze on bank accounts is harassment: Court filing
Updated On : 04 Apr 2021 | 4:25 PM IST

India blocks two bank accounts of China's ByteDance in tax case: Report

ByteDance has mounted court challenge against directive, say sources; account freeze can hit ByteDance salaries, employees in India

India blocks two bank accounts of China's ByteDance in tax case: Report
Updated On : 31 Mar 2021 | 1:37 AM IST