ByteDance Stock
Internet Technology Company
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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.Â
Bytedance was founded in March 2012 and is headquartered in Haidian, China, with offices in the USA and Japan.
Investors
Goldman Sachs
WeWork, Alibaba, Spotify, Compass, Pinterest, Bloom Energy, Oscar Health, Circle, Ramp, Automation Anywhere
Tiger Global Management
Flipkart, Delhivery, BharatPe, Ather Energy, Databricks, Grab, Chime, Ola, Relativity Space, Quikr
TCV
Nubank, Brex, Toast, Capsule, Miro, Rent the Runway, Vice Media, Aviatrix, Vectra, GoFundMe
Morgan Stanley
Flipkart, SoFi, Magic Leap, Affirm, Domo, Lookout, Foursquare, Overtime, Rocket Lawyer, AtScale
SoftBank
One97, Flipkart, Delhivery, Cruise, OneWeb, Tokopedia, Ola, Rappi, Devoted Health, AUTO1 Group
Funding History
April 2019 | $1.3B |
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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
thehindu - Mar, 19 2024
U.S. standards body says ByteDance researcher wrongly added to AI safety groupchatkr-asia - Mar, 18 2024
Deals in brief: Tencent acquires two ByteDance gaming studios, Mitsubishi invests in Tier IV, six China and India deals, and morefinance - Mar, 18 2024
ByteDance Investors Could Win in TikTok Sale, GOP Lawmaker Saysirishtimes - Mar, 16 2024
ByteDance’s US investors weigh options as bill to ban TikTok advancesseekingalpha - Mar, 16 2024
Tencent acquires 2 video game units of ByteDance - reportEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
Some data provided by Crunchbase