BYTEDANCE

Location of TikTok headquarters is a matter for ByteDance: PM Johnson’s spokesman

Location of TikTok headquarters is a matter for ByteDance: PM Johnson’s spokesman

Published 03/08/2020

LONDON (Reuters) - The location of TikTok owner ByteDance’s headquarters is a commercial decision for the company to make, a spokesman for British Prime Minister [more…]

Republican senators back plan to sell TikTok’s U.S. operations

Republican senators back plan to sell TikTok’s U.S. operations

Published 02/08/2020

WASHINGTON (Reuters) - Several Republican senators on Sunday backed a plan by China’s ByteDance to divest the U.S. operations of TikTok after President Donald Trump [more…]

Disney’s streaming chief Mayer to become TikTok CEO

Disney’s streaming chief Mayer to become TikTok CEO

Published 19/05/2020

(Reuters) - Walt Disney Co’s (DIS.N) top streaming executive, Kevin Mayer, will leave the entertainment and theme parks giant to become the chief executive officer [more…]

ByteDance unit establishes venture with Chinese state media firm

ByteDance unit establishes venture with Chinese state media firm

Published 14/12/2019

SHANGHAI/BEIJING (Reuters) - A unit of ByteDance, the owner of video-sharing platform TikTok, has established a joint venture with a Chinese state media group, official [more…]

Exclusive: TikTok owner ByteDance’s H1 revenue better than expected at over $7 billion – sources

Exclusive: TikTok owner ByteDance’s H1 revenue better than expected at over $7 billion – sources

Published 30/09/2019

BEIJING/HONG KONG (Reuters) - China’s ByteDance, owner of video-sharing app TikTok and one of the world’s most valuable unicorns, booked revenue of 50-60 billion yuan [more…]

China`s Bytedance buying lip-sync app Musical.ly for up to $1 billion

China`s Bytedance buying lip-sync app Musical.ly for up to $1 billion

Published 10/11/2017

Chinese online content platform Bytedance said on Friday it would buy popular lip-sync platform Musical.ly, in a deal seen valued at up to $1 billion that underlines the global ambitions of the fast-growing tech startup. [more…]