ByteDance: Difference between revisions

From Bharatpedia, an open encyclopedia
(Added content)
Tags: Mobile edit Mobile web edit Advanced mobile edit
 
(Added content)
Tags: Mobile edit Mobile web edit Advanced mobile edit
Line 1: Line 1:
{{Short description|Chinese Internet technology company}}
{{Use dmy dates|date=September 2021}}
{{Infobox company
| name = ByteDance Ltd.
| logo = [[File:ByteDance logo English.svg|220px]]
| image = ByteDance 1733 Commercial Space (20240731145554).jpg
| image_caption = Headquarters at Building 2, [[Haidian, Beijing#Economy|Dazhongsi Square]] (also known as 1733 Commercial Space), Beijing
| native_name = 字节跳动有限公司
| native_name_lang = ZH
| former_name = Beijing ByteDance Technology Co., Ltd. (2012-2018) <br />Douyin Group (HK) Ltd. (2018–2022)
| type = [[Privately held company|Private]]
| industry = [[Internet]]
| founded = {{Start date and age|2012|03|13|df=y}}
| revenue = {{increase}} US$120&nbsp;billion (2023)<ref name="Handelsblatt">{{Cite news
| last1=Scheer
| first1=Olga
| last2=Natzel
| first2=Leonie Tabea
| date=24 April 2024
| title=Tiktok wendet EU-Strafe vorerst ab – USA setzen Ultimatum
| url=https://www.handelsblatt.com/politik/international/tech-regulierung-tiktok-wendet-eu-strafe-vorerst-ab-usa-setzen-ultimatum/100034758.html
| work=Handelsblatt
| access-date=25 April 2024
}}</ref>
| operating_income = {{increase}} US$2&nbsp;billion (2022)<ref name="wsj-rodriguez">{{Cite news|last1=Rodriguez|first1=Salvador |last2=Wells|first2=Georgia|url=https://www.wsj.com/business/tiktok-parent-bytedance-turns-operating-profit-sees-revenue-slow-bb270bc8|title=TikTok Parent ByteDance Turns Operating Profit, Sees Revenue Slow|newspaper=[[The Wall Street Journal]]|date=2 October 2023|access-date=3 October 2023|archive-url=https://archive.today/20231002212730/https://www.wsj.com/business/tiktok-parent-bytedance-turns-operating-profit-sees-revenue-slow-bb270bc8|archive-date=2 October 2023 |url-status=live}}</ref>
| founders = {{unbulleted list|[[Zhang Yiming]]|Liang Rubo}}
| key_people = {{unbulleted list|Zhang Yiming (founder & chairman)|Liang Rubo (founder & CEO)|Erich Andersen (global [[General counsel|GC]])<ref>{{Cite news |last1=Clark |first1=Dan |title=Microsoft In-House Attorney to Serve as TikTok's First Global General Counsel |url= https://www.law.com/corpcounsel/2020/01/24/microsoft-in-house-attorney-to-serve-as-tiktoks-first-global-general-counsel/ |work=Corporate Counsel |access-date=5 October 2020 |date=24 January 2020 |archive-date=9 October 2020 |archive-url= https://web.archive.org/web/20201009114300/https://www.law.com/corpcounsel/2020/01/24/microsoft-in-house-attorney-to-serve-as-tiktoks-first-global-general-counsel/ |url-status=live }}</ref>|[[Kelly Zhang]] (CEO of ByteDance China)<ref name="spglobal">{{cite news |url=https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/bytedance-names-china-ceo-chairman-launches-music-app-in-indonesia-57551275 |title=ByteDance names China CEO, chairman; launches music app in Indonesia |last=Jimenez |first=Miriam |date=3 December 2020 |work=S&P Global |access-date=23 September 2021 |archive-date=7 September 2021 |archive-url=https://web.archive.org/web/20210907174212/https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/bytedance-names-china-ceo-chairman-launches-music-app-in-indonesia-57551275 |url-status=live }}</ref>|Lidong Zhang (chairman of ByteDance China)<ref name="spglobal" />|[[Shou Zi Chew]] (CEO of TikTok)}}
| hq_location = {{unbulleted list
  |[[Haidian, Beijing|Haidian]], [[Beijing]], China (operational)<ref name="apnews-mcdonald">{{Cite news |last1=McDonald |first1=Joe |last2=Soo |first2=Zen |date=24 March 2023 |title=Why does US see Chinese-owned TikTok as a security threat? |url=https://apnews.com/article/tiktok-bytedance-shou-zi-chew-8d8a6a9694357040d484670b7f4833be |work=[[Associated Press]] |access-date=3 October 2023 |archive-date=3 October 2023 |archive-url=https://web.archive.org/web/20231003205752/https://apnews.com/article/tiktok-bytedance-shou-zi-chew-8d8a6a9694357040d484670b7f4833be |url-status=live }}</ref>
  |[[Cayman Islands]] (legal)<ref name="apnews-mcdonald" />
  }}
| area_served = [[wikt:worldwide|Worldwide]]
| products = {{unbulleted list |[[Toutiao]]|[[TikTok]]|[[TikTok Music]]|BuzzVideo|[[CapCut]]|[[Lark (software)|Lark]]|[[Baike.com]]|[[PICO 4|PICO]]|[[Lemon8]]|[[Whee (social network)|Whee]]}}
| subsid = {{unbulleted list |[[Moonton]]|Nuverse}}
| owner = Zhang Yiming <br />[[Sequoia Capital]] <br />[[SoftBank Group]] <br />[[Kohlberg Kravis Roberts]]
| num_employees = {{circa|150,000}} (2023)<ref>{{cite news|url=https://www.theinformation.com/articles/revenue-at-tiktok-owner-bytedance-rose-more-than-30-in-2022-topped-80-billion|work=[[The Information (website)|The Information]]|date=1 April 2023|access-date=1 April 2023|title=Revenue at TikTok Owner ByteDance Rose More Than 30% in 2022, Topped $80 Billion|archive-date=1 April 2023|archive-url=https://web.archive.org/web/20230401190701/https://www.theinformation.com/articles/revenue-at-tiktok-owner-bytedance-rose-more-than-30-in-2022-topped-80-billion|url-status=live}}</ref>
| website = {{Official URL}}
| module = {{infobox network service provider|child=yes}}
}}
{{Infobox Chinese
| title = Zijie Tiaodong
| c = 字节跳动
| p = Zìjié Tiàodòng
| tp = Zìh-jié Tiào-dòng
| w = {{tone superscript|Tzu4-chieh2 T'iao4-tung4}}
| mi = {{IPAc-cmn|zi|4|.|j|ie|2|-|t|iao|4|.|d|ong|4}}
| bpmf = ㄗˋ ㄐㄧㄝˊ ㄊㄧㄠˋ ㄉㄨㄥˋ
}}
'''ByteDance Ltd.''' is a prominent Chinese internet technology company, headquartered in [[Haidian, Beijing]], and incorporated in the [[Cayman Islands]]. The company was founded in 2012 by [[Zhang Yiming]], Liang Rubo, and a team of collaborators.
'''ByteDance Ltd.''' is a prominent Chinese internet technology company, headquartered in [[Haidian, Beijing]], and incorporated in the [[Cayman Islands]]. The company was founded in 2012 by [[Zhang Yiming]], Liang Rubo, and a team of collaborators.



Revision as of 11:02, 9 April 2025



ByteDance Ltd.
Native name
字节跳动有限公司
Formerly
Beijing ByteDance Technology Co., Ltd. (2012-2018)
Douyin Group (HK) Ltd. (2018–2022)
IndustryInternet
Founded13 March 2012; 13 years ago (2012-03-13)
Founder(s)s
Headquarters
Area served
Worldwide
Key people
  • Zhang Yiming (founder & chairman)
  • Liang Rubo (founder & CEO)
  • Erich Andersen (global GC)[2]
  • Kelly Zhang (CEO of ByteDance China)[3]
  • Lidong Zhang (chairman of ByteDance China)[3]
  • Shou Zi Chew (CEO of TikTok)
Products
RevenueIncrease US$120 billion (2023)[4]
Increase US$2 billion (2022)[5]
OwnerZhang Yiming
Sequoia Capital
SoftBank Group
Kohlberg Kravis Roberts
Number of employees
c. 150,000 (2023)[6]
Subsidiaries
Template:Infobox network service provider
Website{{URL|example.com|optional display text}}
Zijie Tiaodong
Script error: No such module "Infobox multi-lingual name".

ByteDance Ltd. is a prominent Chinese internet technology company, headquartered in Haidian, Beijing, and incorporated in the Cayman Islands. The company was founded in 2012 by Zhang Yiming, Liang Rubo, and a team of collaborators.

ByteDance is best known for developing the video-sharing applications TikTok and its Chinese counterpart Douyin. Additionally, the company has created the news aggregation platform Toutiao and the video-editing application CapCut, which have gained significant popularity.

However, ByteDance has faced considerable regulatory scrutiny and media attention across various countries due to concerns related to security, surveillance, and censorship. These issues have sparked debates over data privacy, content moderation, and the implications of foreign technology companies operating in different jurisdictions.

References

  1. 1.0 1.1 McDonald, Joe; Soo, Zen (24 March 2023). "Why does US see Chinese-owned TikTok as a security threat?". Associated Press. Archived from the original on 3 October 2023. Retrieved 3 October 2023.
  2. Clark, Dan (24 January 2020). "Microsoft In-House Attorney to Serve as TikTok's First Global General Counsel". Corporate Counsel. Archived from the original on 9 October 2020. Retrieved 5 October 2020.
  3. 3.0 3.1 Jimenez, Miriam (3 December 2020). "ByteDance names China CEO, chairman; launches music app in Indonesia". S&P Global. Archived from the original on 7 September 2021. Retrieved 23 September 2021.
  4. Scheer, Olga; Natzel, Leonie Tabea (24 April 2024). "Tiktok wendet EU-Strafe vorerst ab – USA setzen Ultimatum". Handelsblatt. Retrieved 25 April 2024.
  5. Rodriguez, Salvador; Wells, Georgia (2 October 2023). "TikTok Parent ByteDance Turns Operating Profit, Sees Revenue Slow". The Wall Street Journal. Archived from the original on 2 October 2023. Retrieved 3 October 2023.
  6. "Revenue at TikTok Owner ByteDance Rose More Than 30% in 2022, Topped $80 Billion". The Information. 1 April 2023. Archived from the original on 1 April 2023. Retrieved 1 April 2023.