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ByteDance Stock
Internet Technology Company
About ByteDance Stock
ByteDance is an internet technology company that enables to discover a world of creative content platforms powered by leading technology. It owns a series of content platforms that enable people to connect with consuming and creating content through machine learning technology. With nearly 200 million daily active users each spends an hour every day on their products, the company is dedicated to building connections between people and information.
Bytedance's flagship product, Toutiao, is the largest AI-powered content platform in China. Toutiao delivers personalized content recommendations to every user based on their interests.
Bytedance also operates a series of products popular with mobile users around the world, including TikTok, Topbuzz, Flipagram and a number of UGC short-form video apps.
Bytedance was founded in March 2012 and is headquartered in Haidian, China, with offices in the USA and Japan.
Investors
Altimeter Capital
Udaan, AppDynamics, Airbnb, Epic Games, Snowflake, Vroom, Unity Technologies, 23andMe, MongoDB, Cerebras Systems
Bank of China
Goldman Sachs
WeWork, Alibaba, Spotify, Compass, Pinterest, Bloom Energy, Oscar Health, Automation Anywhere, Zymergen, AUTO1 Group
KKR
Lyft, Epic Games, FanDuel, OutSystems, AppLovin, Sonos, Darktrace, ForgeRock, Cylance, Slice
Morgan Stanley
Flipkart, SoFi, Affirm, Domo, Lookout, Foursquare, Rocket Lawyer, AtScale, NJOY, GumGum
TCV
Nubank, Toast, Capsule, Rent the Runway, Vice Media, Rover, FinancialForce, Actifio, Newsela, Venafi
Tiger Global Management
Flipkart, Ola, JUUL, Delhivery, Databricks, Grab, Chime, Quikr, Palantir Technologies, Avant
Funding History
| April 2019 | $1.3B |
|---|---|
| October 2018 | $3.0B |
| August 2017 | $2.0B |
| April 2017 | $1.0B |
| June 2014 | $100M |
| January 2012 | $5.0M |
Management
Founder & Chief Executive Officer
Yiming Zhang
Press
TechCrunch - Apr, 29 2020
Bloomberg - Apr, 24 2020
Bloomberg - Apr, 16 2020
TechCrunch - Mar, 4 2020
Barron's - Jan, 16 2020
TechCrunch - Jan, 3 2020
TechCrunch - Jan, 3 2020
CNBC - Dec, 24 2019
Wall Streets Journal - Dec, 23 2019
Forbes - Nov, 2 2019
Other Companies
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Some data provided by Crunchbase
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