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  1. 5 days ago · As of September 9, 2024, ByteDance's flagship product TikTok had generated more than ten billion U.S. dollars in global app revenue since its release in 2016. The Chinese company owns over 40 apps ...

  2. Sep 2, 2024 · TikTok owner ByteDance has added French telecom billionaire Xavier Niel to its board. His addition follows the departure of Coatue Management founder Philippe Laffont from the ByteDance board. Besides newly added director Niel, ByteDance’s board currently consists of Neil Shen of Hongshan Capital ...

  3. www.forbes.com › profile › liang-rubo-1Liang Rubo - Forbes

    3 days ago · Liang Rubo is the chairman of the board of ByteDance, the China internet giant that owns TikTok. Liang was a cofounder along with Zhang Yiming, who stepped down as CEO in 2021.

  4. Aug 21, 2024 · Social media giant ByteDance's CapCut and Doubao led global artificial intelligence (AI) app downloads in July, according to industry research firm Unique Capital, in a sign that the TikTok owner ...

  5. 4 days ago · A data center in Singapore has caused issues with Alibaba's cloud services. The company said a fire incident occurred in Availability Zone C of its Singapore region. Update: Coverage of day two of the fire here. "At 10:20 on September 10, 2024 Beijing time, Alibaba Cloud monitoring detected network ...

  6. Sep 2, 2024 · TikTok-owner ByteDance is tapping banks for a $9.5 billion loan that would be the biggest dollar-denominated corporate facility in Asia ex-Japan, two sources with knowledge of the matter said on ...

  7. 5 days ago · What percentage of ByteDance revenue comes from TikTok? ByteDance made $110 billion revenue in 2023, with about 65% coming from Douyin, the Chinese version of TikTok. TikTok has contributed more to ByteDance’s bottom line every year. In 2023, it contributed 14.6% to the total, more than Toutiao and Xigua Video. How many users does TikTok have?

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