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ByteDance
Tech
TikTok allies close to Trump and Biden race to delay ban on app
The app, owned by China’s ByteDance Ltd., faces a deadline of Jan 19 to find a US buyer in order to continue operating in the country.
a day ago
Wealth
ByteDance’s AI makes Chinese tycoon one of Asia’s richest women
Zhou Chaonan, 64, is the founder of data centre operator Range Intelligent Computing Technology Group. Range Intelligent’s stock rose 105% in 2024, giving Zhou a net worth of US$7.7 billion.
3 days ago
Tech
China discusses sale of TikTok US to Musk as one possible option
TikTok’s US operations could be valued at around US$40 billion to US$50 billion, Bloomberg Intelligence analysts Mandeep Singh and Damian Reimertz estimated last year.
4 days ago
Geopolitics
From TikTok to Nvidia, the tech war is getting uglier
Beijing has shown that it is willing to retaliate
December 11, 2024
Digital Economy
TikTok Shop triples Black Friday sales, topping US$100 million
The boost in sales comes as the app faces a potential shutdown in January under a new law signed by President Joe Biden.
December 05, 2024
Company in the news
TikTok parent ByteDance valued at about US$300 bil, says WSJ
The valuation came in a recent buyback offer by ByteDance, the Journal said, citing unidentified people with knowledge of the matter.
November 17, 2024
China Focus
ByteDance to sign US$10.8 bil corporate loan in Asian record
About 20 lenders — comprising international and Chinese banks, including some branches — will fund the deal, said Bloomberg's sources.
September 27, 2024
China Focus
ByteDance said to be raising US$600 mil for car app Dongchedi
Dongchedi competes with peers such as Autohome and Bitauto Holdings.
September 06, 2024
Semiconductor
ByteDance, Broadcom explore China chip with TSMC, Reuters says
The arrangement is intended to ensure a steady supply of chips to ByteDance.
June 24, 2024
Digital Economy
Will Triller knock out TikTok?
TikTok’s troubles may mean investors must dance to Triller’s tune.
May 23, 2024