ByteDance

ByteDance builds & operates a range of content platforms that inform, educate, entertain and inspire people across languages, cultures & geographies. Read more

298 Followers on Owler
298 Followers on Owler
298 Followers on Owler
298 Followers on Owler

ByteDance

ByteDance builds & operates a range of content platforms that inform, educate, entertain and inspire people across languages, cultures & geographies. Read more

Yiming Zhang's photo - Founder & CEO of ByteDance

Founder & CEO

Yiming Zhang

CEO Approval Rating

88/100

Founded:

2012

Status:

PrivateIndependent Company

BYTEDANCE TOP COMPETITORS OR ALTERNATIVES

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COMPANY

CEO

CEO RATING

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Instagram is perceived as one of ByteDance's biggest rivals. Instagram is headquartered in Menlo Park, California, and was founded in 2010. Like ByteDance, Instagram also operates in the Application Software industry. Instagram generates 66% the revenue of ByteDance.

Kuaishou is one of ByteDance's top competitors. Kuaishou is a Public company that was founded in 2011 in Haidian District, Beijing Municipality. Like ByteDance, Kuaishou also operates in the Application Software field. Compared to ByteDance, Kuaishou has NaN fewer employees.

Snap has been one of ByteDance's top competitors. Snap was founded in 2010 in Santa Monica, California. Like ByteDance, Snap also works within the Application Software field. Snap generates $27.2B less revenue than ByteDance.

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Growth Score - 1/1

Is 85,000 a good estimate for ByteDance's Employee count?

ByteDance Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Com4Loves

Apr 2021

Source »
undisclosed
-

-

UIPay

Aug 2020

Source »
undisclosed
-
Caicloud

Aug 2020

Source »
undisclosed
Caicloud is a cloud computing platform that offers cluster and IT resource management solutions for financial, manufacturing and energy sectors.
Baikemy

May 2020

Source »
$72M
Baikemy is an online medical information portal that allows healthcare professionals to publish audios, videos and comedies.
LevelupAI

Dec 2019

Source »
undisclosed
LevelupAI is a provider of big data analysis and support services for the video game industry.

These are all the companies that ByteDance has acquired. ByteDance has acquired 9 companies and its latest acquisition was Com4Loves in Apr 2021.

ByteDance Funding History

Since ByteDance was founded in 2012, it has participated in 2 rounds of funding. In total ByteDance has raised $4.3B. ByteDance's last funding round was on Apr 2019 for a total of $1.3B

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Apr 2019
$1.3B
Equity
Oct 2018
$3B

Soft Bank Capital

Since ByteDance was founded in 2012, it has participated in 2 rounds of funding. In total ByteDance has raised $4.3B. ByteDance's last funding round was on Apr 2019 for a total of $1.3B

ByteDance Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Zhangyue is an online reading platform that allows users to post and read novels and comic books.
$165.6M
Nov 06, 2020
Corporate Round
-
iReadyIT is an AI-based firm that provides smart water and environment management solutions for residential and commercial sectors.
-
Nov 05, 2020
Corporate Round
-
Narwal designs, develops and manufactures floor cleaning robots for the residential sector.
-
Jun 23, 2020
Series C
-
Dailyhunt is a news aggregator application that provides news and entertainment content artifacts in 14 Indian local languages.
$23.7M
Apr 17, 2020
Series G
-
$6.2M
Apr 14, 2020
Series A
-

These are all the companies that ByteDance has invested in. ByteDance has invested 9 companies and its latest investment was Com4Loves in Apr 2021.

ByteDance News

May 1, 2021Gadgets Now

TikTok names ByteDance CFO Shouzi Chew as new CEO

Chew, who is based in Singapore and was named CFO of TikTok parent company ByteDance in March this ye... See more »
April 29, 2021Markets Insider

ByteDance is building a new BytePlus division to sell the systems underpinning TikTok's wild success to other companies

ByteDance has created BytePlus, a new division to sell its tech, and is in the final stages of hiring... See more »
April 25, 2021ChinaPulse

Report

Solar Design & Permit Service Price: $475.00The newspaper quoted an unnamed government official invol... See more »
April 25, 2021ChinaPulse

TikTok owner ByteDance takes on Alibaba, Pinduoduo in big e-commerce push

PrintFind the original article here . Or, read more from the original publisher:Inside a packed hall ... See more »
April 24, 2021The Times of India

ByteDance says it has no immediate plans for IPO

Beijing-based ByteDance said on Friday it had no imminent plans for an initial public offering (IPO).... See more »
April 23, 2021Benzinga

SCMP

TikTok and Douyin parent, ByteDance, has dismissed its initial public offering (IPO) plans, for the t... See more »
April 21, 2021ChinaPulse

TikTok owner ByteDance boosts investment in Roblox-like video game platform in race with Tencent to create the metaverse

ByteDance , owner of the short-video app TikTok , has increased its investment in Roblox competitor R... See more »

ByteDance Press Releases

September 14, 2020PR Newswire

Oracle Confirms Statement

REDWOOD SHORES, Calif., Sept. 14, 2020 /PRNewswire/ -- Oracle confirms Secretary Mnuchin's statement ... See more »
February 24, 2020Online PR Media

Sparky Animation's Dinosaur Train Launches Season 2 in China with ByteDance

Sparky Animation's Dinosaur Train Launches in China with partner, Bytedance Technology. Dinosaur Trai... See more »
June 7, 2019StreetInsider

TikTok celebrates a new journey with #TikTokTravel

The #TikTokTravel campaign brings together the best of TikTok — it features a global in-app challenge... See more »

ByteDance Videos

Social Media

ByteDance Headquarters

No.331 North Caoxi Road CCIG International Plaza

Xuhui District, Shanghai Municipality200030

Driving Directions »

Trending Companies

ByteDance Summary

ABOUT

Overview

ByteDance builds & operates a range of content platforms that inform, educate, entertain and inspire people across languages, cultures & geographies. ByteDance was founded in 2012. ByteDance's headquarters is located in Xuhui District, Shanghai Munici...

CEO

ByteDance's Founder & CEO, Yiming Zhang, currently has an approval rating of 88%. ByteDance's primary competitors are Instagram, Kuaishou & Snap.

Website

bytedance.com

Frequently Asked Questions about ByteDance

  1. When was ByteDance founded?

    ByteDance was founded in 2012
  2. Who is ByteDance's CEO?

    ByteDance's CEO is Yiming Zhang
  3. How much revenue does ByteDance generate?

    ByteDance generates $30B in revenue
  4. How much funding does ByteDance have?

    ByteDance has historically raised $4.3B in funding
  5. Where is ByteDance's headquarters?

    ByteDance's headquarters is in Xuhui District Shanghai Municipality, CN
  1. How many employees does ByteDance have?

    ByteDance has 85,000 employees
  2. What sector does ByteDance operate in?

    ByteDance is in Application Software
  3. Who are ByteDance's competitors?

    ByteDance's top competitors are Instagram, Kuaishou, Snap
  4. Who has ByteDance invested in?

    ByteDance's has invested in companies such as Zhangyue, iReadyIT, Narwal Robotics