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1. en.wikipedia.org › wiki › ByteDanceByteDance - Wikipedia

   en.wikipedia.org › wiki › ByteDance

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   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.

   • Number of employees: c. 150,000 (2023)

   • Revenue: US$85.2 billion (2022)

2. www.bytedance.com › eByteDance - Inspire Creativity, Enrich Life

   www.bytedance.com › e

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   ByteDance is a company that aims to inspire creativity and enrich life through various content platforms, such as TikTok, Douyin, Toutiao and Lark. Founded in 2012, it has over 150,000 employees and operates in nearly 120 cities worldwide.

3. People also ask

   What is ByteDance?

   • ByteDance is a technology company operating a range of content platforms that inform, educate, entertain and inspire people across languages, cultures and geographies.

   ByteDance - Inspire Creativity, Enrich Life

   www.bytedance.com/en/

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   Who owns ByteDance?

   • According to a release published by TikTok last May, about 60 percent of ByteDance is "beneficially owned by global institutional investors such as Carlyle Group, General Atlantic, and Susquehanna International Group," 20 percent by employees, and the rest by Zhang. Still, Zhang holds over 50% of ByteDance's voting rights, sources said.

   What You Need to Know About TikTok's Chinese Parent Company, ByteDance

   www.inc.com/reuters/what-you-need-to-know-about-tiktoks-chinese-parent-company-bytedance.html

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   Who is the founder of ByteDance?

   • Born in the southeastern coastal province of Fujian, Zhang studied software engineering at Nankai University of Tianjin. Before founding ByteDance, he worked at multiple tech companies including a brief stint at Microsoft.

   What You Need to Know About TikTok's Chinese Parent Company, ByteDance

   www.inc.com/reuters/what-you-need-to-know-about-tiktoks-chinese-parent-company-bytedance.html

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   How much money does ByteDance make a year?

   • Earnings before interest and tax, ByteDance’s preferred metric of profitability, were $9bn. By mid-year, the start-up had $51bn worth of cash on its balance sheet, $7bn of which is restricted and not available for immediate business use. Total debt stood at $12bn, according to people briefed on the numbers.

   TikTok owner ByteDance to buy back shares after amassing $50bn cash …

   www.ft.com/content/e721bca0-0c9c-49d1-81e7-09675e8f176f

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4. www.bytedance.com › en › productsByteDance

   www.bytedance.com › en › products

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   ByteDance is a global technology company that offers a suite of products and services, including short-form video apps, content discovery platforms, social media, collaboration tools, and intelligent platform solutions. Learn more about its products, such as Douyin, Toutiao, TikTok, Xigua Video, Helo, Lark, BytePlus, and Tech for Good.

5. hbr.org › 2022 › 02How ByteDance Became the World’s Most Valuable Startup

   hbr.org › 2022 › 02

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   Feb 24, 2022 · ByteDance, the world's most valuable startup, has created many successful apps such as TikTok, Toutiao and Douyin. Learn how the company leverages a shared-service platform to power innovation and scale across markets.

6. www.ft.com › content › e721bca0-0c9c-49d1-81e7-09675TikTok owner ByteDance to buy back shares after amassing ...

   www.ft.com › content › e721bca0-0c9c-49d1-81e7-09675

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   Dec 6, 2023 · ByteDance is tapping a cash pile of more than $50bn accumulated from its popular short-video apps to buy back up to $5bn worth of shares from investors. The owner of the viral apps TikTok and ...

   • Author: Ivan Levingston

7. www.inc.com › reuters › what-you-need-to-know-aboutWhat You Need to Know About TikTok's Chinese Parent Company ...

   www.inc.com › reuters › what-you-need-to-know-about

   Mar 15, 2024 · Mar 15, 2024. The ByteDance headquarters in Beijing, China. Photo: Getty Images. The U.S. House of Representatives overwhelmingly passed a bill this week that would give TikTok's Chinese owner...

8. www.britannica.com › topic › ByteDanceByteDance | Apps, Controversies, & Facts | Britannica

   www.britannica.com › topic › ByteDance

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   1 day ago · ByteDance, Chinese technology company that developed novel video-sharing social networking applications, most notably TikTok. ByteDance also serves as the parent company of several popular social media and news apps. Early success. ByteDance was founded in 2012 by a development team led by Zhang Yiming and Liang Rubo.