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1. www.youtube.com › watchTikTok Owner ByteDance's Sales Break $110 Billion ... - YouTube

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   Dec 20, 2023 · Bloomberg has learned that sales of ByteDance Ltd., the owner of TikTok and Chinese-twin Douyin, topped $110 billion this year, potentially overtaking rival ...

   • Video Duration: 3 min
   • Views: 6K

   • Author: Bloomberg Television

2. www.youtube.com › watchTikTok Owner ByteDance's Founder Zhang Steps Down ... - YouTube

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   May.19 -- Zhang Yiming, founder of ByteDance Ltd., will step down from his role as chief executive officer. The owner of the popular short-video app TikTok ...

   • Video Duration: 3 min
   • Views: 22.8K

   • Author: Bloomberg Technology

3. www.youtube.com › watchWhat is ByteDance? | CNBC Explains - YouTube

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   Sep 16, 2020 · ByteDance is known as China’s most famous consumer app factory. The company is behind social media apps like international sensation TikTok, Douyin, and AI-p...

   • Video Duration: 8 min
   • Views: 120.1K

   • Author: CNBC International

4. www.cnn.com › 2023/03/24 › techTikTok is owned by a Chinese company. So why doesn’t ... - CNN

   www.cnn.com › 2023/03/24 › tech

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   Mar 24, 2023 · ByteDance applied a similar formula to Douyin. Then in 2017, the privately-owned tech company bought a US-based video startup and released TikTok as the overseas version of Douyin.

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5. www.forbes.com › profile › zhang-yimingZhang Yiming - Forbes

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   5 days ago · Zhang started ByteDance in 2012 in a four-bedroom Beijing apartment and launched news-aggregation app Toutiao months later. He was a member of the 2013 Forbes China 30 Under 30 List. Wealth History

   • Occupation: Founder

6. www.reuters.com › technology › what-do-we-know-aboutTikTok ban bill: What we know about Tiktok's Chinese owner

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   Mar 15, 2024 · 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 short video app, or face ...

7. People also ask

   Who owns ByteDance?

   • According to a release published by TikTok last May, about 60% of ByteDance is "beneficially owned by global institutional investors such as Carlyle Group, General Atlantic, and Susquehanna International Group," 20% by employees, and the rest by Zhang. Still, Zhang holds over 50% of ByteDance's voting rights, sources said.

   TikTok ban bill: What we know about Tiktok's Chinese owner

   www.reuters.com/technology/what-do-we-know-about-tiktoks-chinese-owner-bytedance-2024-03-15/

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   Does ByteDance own TikTok?

   • ByteDance also owns and operates Toutiao, a Chinese app that provides personalized news to its Chinese users. While the company is famous for owning TikTok, Toutiao was actually ByteDance's first development.

   Who Owns TikTok (Updated 2023) | Entrepreneur

   www.entrepreneur.com/science-technology/who-owns-tiktok-updated-2023/444823

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   Will TikTok's Chinese owner ByteDance face a ban?

   • Our Standards: The Thomson Reuters Trust Principles. 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 short video app, or face a ban, in the greatest threat to the app since the Trump administration.

   TikTok ban bill: What we know about Tiktok's Chinese owner

   www.reuters.com/technology/what-do-we-know-about-tiktoks-chinese-owner-bytedance-2024-03-15/

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   How much is ByteDance worth?

   • Below is what we know about the Chinese company, which was valued at $268 billion in December. WHO IS BYTEDANCE? Nicknamed "App Factory" due to its frequent releases of mobile applications, ByteDance was founded by software engineer Zhang Yiming in 2012 in Beijing.

   TikTok ban bill: What we know about Tiktok's Chinese owner

   www.reuters.com/technology/what-do-we-know-about-tiktoks-chinese-owner-bytedance-2024-03-15/

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8. www.entrepreneur.com › science-technology › who-ownsWho Owns TikTok (Updated 2023) | Entrepreneur

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   Feb 23, 2023 · TikTok is owned by ByteDance, a private company headquartered in Beijing. ByteDance, TikTok's parent company, was founded in 2012. In 2016, the company launched Douyin, the Chinese version of ...