The ByteDance-owned short video app has amassed more than 2 billion downloads on Apple’s App Store and Google Play Store combined, a milestone that comes just five months after the app hit the 1.5 billion download mark. Read More
ByteDance Inc. just kicked off a wave of hiring it envisions hitting 40,000 new jobs in 2020, hoping to match Alibaba’s headcount at a time technology corporations across the globe are furloughing or reducing staff. Read More
The New York-based investment group began buying ByteDance’s shares when the Chinese unicorn was valued at $37.5 billion and has since increased its investment through share purchases in secondary markets. Read More
ByteDance’s social media app TikTok has announced that it has hired cyber security executive and former U.S. defense staff Roland Cloutier as its newly created chief information security officer. The announcement comes as the company wrestles with U.S. concerns over its handling of private user data. Read More
Bytedance, creator of viral short video apps Douyin and TikTok as well as news aggregation app Toutiao, is continuing to take ad revenue share from China’s top tech firms Baidu, Alibaba, and Tencent. Read More
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