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  1. Jun 18, 2024 · TikTok is owned by ByteDance, a private global company founded by Chinese entrepreneurs. According to TikTok, about 60% of the parent company is owned by global institutional investors, 20% by...

  2. en.wikipedia.org › wiki › ByteDanceByteDance - Wikipedia

    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.

  3. 5 days ago · ByteDance, Chinese technology company that developed novel video-sharing social networking applications, most notably TikTok. ByteDance also serves as the parent company of several popular social media and news apps.

  4. Mar 15, 2024 · HONG KONG (Reuters) - The U.S. House of Representatives overwhelmingly passed a bill this week that would give TikTok's Chinese owner ByteDance about six months to divest the U.S. assets of the...

    • Josh Ye
  5. 6 days ago · ByteDance doesn't have any plan to sell TikTok," the company said. Instead, the social media giant has launched legal action against the US government for what its CEO Shou Chew has described as ...

  6. Mar 13, 2024 · 6 min. Congress passed legislation Tuesday to ban or force a sale of video-sharing app TikTok in the United States, amid concerns that the Chinese-owned platform could be used to monitor and...

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  8. Mar 13, 2024 · Three of the five members of ByteDance's board are Americans, according to TikTok. A Chinese state-owned entity owns 1 percent of Douyin, according to the ByteDance website.

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