Tencent is perceived as one of ByteDance's biggest rivals. Tencent is headquartered in Nanshan, Guangdong Province, and was founded in 1998. Like ByteDance, Tencent also operates in the Media, Entertainment and Arts industry. Tencent generates 156% the revenue of ByteDance.
Alibaba Group is one of ByteDance's top competitors. Alibaba Group is a Public company that was founded in 1999 in Hangzhou, Zhejiang Province. Like ByteDance, Alibaba Group also operates in the Media, Entertainment and Arts field. Compared to ByteDance, Alibaba Group has 25,680 fewer employees.