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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.
He founded ByteDance in 2012, developed the news aggregator Toutiao and the video sharing platform Douyin (internationally known as TikTok). Zhang is one of the richest individuals in the world, with an estimated net worth of US$45.6 billion as of October 2024, according to Forbes and US$43.1 billion according to Bloomberg Billionaires Index.
With a net worth of $7.5 billion in 2022, Dantchik is the 104th richest person in the United States. ... SIG owned around 15% of ByteDance as of late 2020, making SIG ...
TikTok's parent company is ByteDance Ltd., of which 60% is owned by global investors, 20% by its Chinese co-founders and 20% by employees, TikTok said
Bytedance appears to be seeking a workaround to the US ban to get its hands on Nvidia's H100 and Blackwell chips by increasing computing capacity outside of China, including plans for new data ...
ByteDance founder Zhang Yiming, China's richest billionaire under 40, has relinquished another corporate role to Zhang Lidong, the low-profile chairman of the company's mainland business, nearly a ...
Shou Zi Chew (Chinese: 周受资; born 1 January 1983) is a Singaporean business executive who has been the chief executive officer (CEO) of TikTok, an online video platform owned by Chinese company ByteDance, since 2021.
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