ByteDance
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Beijing Bytedance Technology Ltd. 北京 字节 跳动 科技 有限公司
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| legal form | Private |
| founding | 2012 |
| Seat | 48 Zhichun Lu Jia, Haidian Qu , Beijing , PR China 
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| management | Zhang Yiming |
| Branch |
Internet , social media , technology |
| Website | www.bytedance.com |
Beijing Bytedance Technology Ltd. ( Chinese 北京 字節 跳動 科技 有限公司 / 北京 字节 跳动 科技 有限公司 , Pinyin Běijīng Zìjié Tiàodòng Kējì Yǒuxiàn Gōngsī , 字節 跳動 / 字节 跳动 for short ) or simply ByteDance is a Chinese Internet technology company that offers several machine-learning content Owns platforms and is based in Beijing . The company was founded by Zhang Yiming in 2012 and quickly rose to become one of the world's leading users of artificial intelligence . It has been active worldwide since 2015 and is best known in Western Europe through the TikTok video portal .
ByteDance's core product, Toutiao ( German headlines ), is a popular content platform in China. Toutiao started out as a news website and gradually evolved into a platform that serves content in a variety of formats including text, images, question-and-answer posts, microblogs and videos. Toutiao offers its users personalized information feeds based on machine learning algorithms. A content feed is updated based on what the device learns about a user's reading preferences.
ByteDance was also the developer of the TikTok mobile video sharing app. After the company acquired the start-up musical.ly , the company combined the two platforms into a single application under the name Tik Tok. Other applications that the company provides are BuzzVideo and Vigo Video .
ByteDance had over 800 million daily active users across all of its platforms as of November 2018. The company was valued at US $ 75 billion in November 2018 and is considered the most valuable “unicorn” ( start-up company ) in the world. 2018 invested Softbank founder Masayoshi Son 3 billion US dollars in the company.
In May 2019, the British newspaper Financial Times reported that ByteDance was working on its own smartphone .
In May 2020 ByteDance had a goodwill of US $ 100 billion.
Individual evidence
- ↑ Bytedance company profile - Office locations, Competitors, Funding, Valuation, Financials, Employees, Key People, Subsidiaries, News | ( en ) In: craft.co .
- ↑ ByteDance - About ( en ) In: www.Bytedance.com .
- ↑ Juro Osawa: How a News Startup Caught China's Tencent by Surprise ( en ) In: www.theinformation.com . July 19, 2017. Retrieved January 11, 2020.
- ↑ This Startup Is Luring Top Talent With $ 3 Million Pay Packages ( en ) In: www.Bloomberg.com . September 24, 2017. Accessed January 11, 2020.
- ↑ Twitter · Twitter . In: twitter.com . 18th November 2018.
- ↑ Chinese in front of Uber and Elon Musk - Tiktok mother Bytedance: The most valuable start-up in the world that hardly anyone knows. Manager Magazin , December 21, 2018, accessed March 6, 2019 .
- ↑ Beijing / Hong Kong ( Financial Times ): China's ByteDance plans to develop its own smartphone. Nikkei , May 27, 2019, accessed on January 11, 2020 (English, Additional reporting in London by Tim Bradshaw).
- ↑ Rita Liao: TikTok parent Bytedance is reportedly working on its own smartphone. TechCrunch , May 27, 2019, accessed January 11, 2020 .
- ↑ https://www.businessinsider.com.au/tiktok-bytedance-valuation-billion-surpasses-china-worth-100-hundred-2020-5