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   Is ByteDance owned by China?

   • ByteDance is owned by China.” “No, it’s not,” Paul replied. “See that’s a lie. … You’re defaming the company.” Paul said three times during the interview that 60% of ByteDance is owned by international investors, 20% is owned by its Chinese co-founders and 20% is owned by employees, including 7,000 Americans.

   Who owns TikTok’s parent company? Despite what Brian ... - Poynter

   www.poynter.org/fact-checking/2024/who-owns-tiktok-bytedance-china-ban/

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   Who backed ByteDance?

   • ByteDance is backed financially by Jeff Yass ' Susquehanna International Group, Primavera Capital Group, Kohlberg Kravis Roberts, SoftBank Group, Sequoia Capital, General Atlantic, and Hillhouse Capital Group. As of March 2021, it was estimated to be valued at $250 billion in private trades.

   ByteDance - Wikipedia

   en.wikipedia.org/wiki/ByteDance

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   Who is the founder of ByteDance?

   • Born in the southeastern coastal province of Fujian, Zhang studied software engineering at Nankai University of Tianjin. Before founding ByteDance, he worked at multiple tech companies including a brief stint at Microsoft.

   What You Need to Know About TikTok's Chinese Parent Company, Byte…

   www.inc.com/reuters/what-you-need-to-know-about-tiktoks-chinese-parent-company-bytedance.html

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   Is ByteDance a real company?

   • Definitely. ByteDance was founded in 2012 in Beijing by Zhang Yiming and Liang Rubo, who were college roommates at Tianjin’s Nankai University, according to company information and Zhang’s public speeches. It has been based in the Chinese capital since then.

   TikTok: Is it really Chinese? | CNN Business

   www.cnn.com/2024/03/18/tech/tiktok-bytedance-china-ownership-intl-hnk/index.html

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   Who owns TikTok's ByteDance?

   • TikTok said 60% of ByteDance is owned by global investors, including U.S.-based investors, 20% by its Chinese co-founders and 20% by its employees, including thousands in the U.S. The company’s vice president has attested to that structure in a letter to Congress.

   Who owns TikTok’s parent company? Despite what Brian ... - Poynter

   www.poynter.org/fact-checking/2024/who-owns-tiktok-bytedance-china-ban/

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   Who is ByteDance based on?

   • ByteDance Ltd. is a Chinese internet technology company headquartered in Haidian, Beijing and incorporated in the Cayman Islands. Founded by Zhang Yiming, Liang Rubo and a team of others in 2012, ByteDance developed the video-sharing apps TikTok and Douyin. The company is also the developer of the news platform Toutiao .

   ByteDance - Wikipedia

   en.wikipedia.org/wiki/ByteDance

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

   en.wikipedia.org › wiki › ByteDance

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   ByteDance's owners include investors outside of China (60%), its founders and Chinese investors (20%), and employees (20%).

3. www.cnn.com › 2024/03/18 › techTikTok: Is it really Chinese? | CNN Business

   www.cnn.com › 2024/03/18 › tech

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   Mar 18, 2024 · Does the Chinese government own or control ByteDance or TikTok? Chew has emphatically told Congress that ByteDance is not owned or controlled by the Chinese government.

4. www.poynter.org › fact-checking › 2024Who owns TikTok’s parent company? Despite what ... - Poynter

   www.poynter.org › fact-checking › 2024

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   Mar 20, 2024 · ByteDance is a China-based company that owns TikTok, but it is not controlled by the Chinese government, according to TikTok and Sen. Rand Paul. The company has global investors, co-founders and employees, but it also faces scrutiny over data privacy and national security issues.

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

   www.forbes.com › profile › zhang-yiming

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   4 days ago · Zhang Yiming is the main founder of ByteDance, the Chinese tech giant behind TikTok and other apps. He stepped down as chairman in 2021 amid government pressure and has a net worth of $43.4 billion as of May 2024.

   • Occupation: Founder

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

   www.reuters.com › technology › what-do-we-know-about

   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...

   • Author: Josh Ye

7. www.inc.com › reuters › what-you-need-to-know-aboutWhat You Need to Know About TikTok's Chinese Parent Company ...

   www.inc.com › reuters › what-you-need-to-know-about

   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...

8. www.bloomberg.com › news › articlesWho Is TikTok Owner? ByteDance, the Chinese Tech Giant ...

   www.bloomberg.com › news › articles

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   Apr 22, 2021 · In episode two of Foundering: The TikTok Story, we look at how ByteDance founder and Chief Executive Officer Zhang Yiming fundamentally changed how a generation consumes media on their phones.