will continue to run day-to-day operations at Douyin and report to ByteDance China Chairman Zhang Lidong, according to a report from Bloomberg News. Zhang added she is joining ByteDance's video ...

Social-media giant ByteDance, China's most valuable unicorn, on Thursday unveiled its Seed Edge initiative, a long-term ...

The Information earlier reported ByteDance’s revenue. ByteDance, founded in 2012 by the entrepreneur Zhang Yiming and others, is backed by U.S. investors including Susquehanna Capital ...

ByteDance is devising plans to invest $7bn in cloud-based graphics processing units (GPUs) to circumvent US restrictions on exporting advanced chips to China, The Information reported citing sources.

The sources said ByteDance founder Zhang Yiming is personally negotiating with data center operators across Southeast Asia and the Middle East, trying to secure access to Nvidia’s next ...

A private investment fund created last year by billionaire Zhang Yiming – founder of TikTok’s Chinese parent company ByteDance – has received a licence from Hong Kong’s securities ...

At only 41, Zhang Yiming has already founded the world’s most valuable startup, and recent headlines peg him as China's richest man. ByteDance has radically influenced culture around the world ...

Beijing-based ByteDance, founded by Chinese entrepreneur Zhang Yiming, invested an estimated 80 billion yuan (US$11 billion) on capital expenditure during the year - including AI - while Baidu ...

The effort, led by co-founder Zhang Yiming, would make ByteDance one of the world’s biggest consumers of such hardware, the authors note. Published first on TheFly – the ultimate source for ...

The Hurun Research Institute released the Hurun Rich List 2024 for China. Zhang Yiming, 41, of ByteDance, with a fortune of RMB350 billion, was listed as China's richest person... (HK stocks quote ...