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Who owns ByteDance?
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Who owns TikTok's ByteDance?
ByteDance Ltd. is a Chinese internet technology company headquartered in Haidian, Beijing and incorporated in the Cayman Islands. [7] Founded by Zhang Yiming, Liang Rubo, and a team of others in 2012, ByteDance developed the video-sharing apps TikTok and Douyin. The company is also the developer of the news platform Toutiao.
Feb 24, 2022 · The company’s secret? It uses a shared-service platform, or SSP, to power innovation. In this article, the authors explain the many ways in which ByteDance has used its SSP to fuel...
Aug 27, 2024 · Today, around 60% of TikTok’s parent company, ByteDance, is owned by global institutional investors such as Carlyle Group, General Atlantic, and Susquehanna International Group, according to TikTok’s website.
Nov 30, 2018 · Bytedance is the first Chinese internet company with a significant, genuinely engaged following around the world, which means it’s worthy of serious attention.
- Sam Byford
Oct 1, 2024 · ByteDance is a private company. There is no ByteDance or TikTok symbol and you cannot buy shares of it in your typical brokerage account. Although the company had plans to IPO on either the NYSE or Nasdaq exchanges in 2021, this move was blocked by Chinese regulators.
Jun 18, 2024 · TikTok is owned by ByteDance, a private global company founded by Chinese entrepreneurs. According to TikTok, about 60% of the parent company is owned by global institutional investors, 20% by...
Mar 14, 2024 · A TikTok spokesperson told PolitiFact that 60% of its parent company ByteDance Ltd. is owned by global investors, 20% by its co-founders and 20% by employees, including thousands of Americans.