The deal is undisclosed but sources tell TechCrunch that Bytedance, the company behind China’s top news aggregator service Toutiao, will pay between $800 million and $1 billion to buy Musical.ly ...

Musical.ly To Be Bought By Chinese Firm For As Much As $1 Billion : The Two-Way The teen-oriented app has had exponential growth since its 2014 launch — much like Bytedance, the Chinese tech ...

It makes sense that ByteDance is consolidating its sibling apps since Facebook is stalking out the short video space. The social network giant has tested a Musical.ly style app and just this week ...

Musical.ly, the maker of a social-media app popular among teens and tweens, has agreed to be acquired by Chinese news and information site Beijing Bytedance Technology for as much as $1 billion.

China's Beijing Bytedance Technology Co announced late Wednesday that it is shuttering the popular Musical.ly video app it acquired for nearly $1 billion in December and will move users to a ...

ByteDance executive Louis Yang Luyu, co-founder of lip-synch video app Musical.ly that was absorbed by TikTok in 2018, has quit the world's most valuable unicorn amid a sweeping corporate ...

Musical.ly Owner Merges App With TikTok. Bytedance, which purchased Musical.ly for about $800 million in 2017, has merged the music-centric app with another product, TikTok.

In August 2018, Musical.ly became TikTok overnight. ... ByteDance has a very different point of view, which is that what you care about has nothing to do with what your friends care about.

ByteDance was founded by Zhang Yiming, a former Microsoft employee, ... It also bought popular lip syncing app musical.ly, and moved those users onto TikTok in 2018.

ByteDance – the Chinese parent company of social media app TikTok – is the world’s most valuable startup. Even at a valuation of $220 billion, down from a peak of $500 billion in the ...