Hints and tips:
...Baidu, ByteDance, Tencent and Alibaba declined to comment....
...It built its reputation and grew into a $65bn operation by channelling foreign capital into China’s hottest companies, including Tencent and TikTok owner ByteDance....
...While Beijing ByteDance’s other two directors can outvote Wu on some issues, the company bylaws show Wu was given the power to control the content at ByteDance’s media platforms in China....
...ByteDance declined to comment. Tencent and Alibaba Cloud did not respond to requests for comment. Subsidies will only tackle part of the problem, according to analysts....
...Its investors lent about £130mn to the utility’s holding company Kemble Water Finance Ltd in 2018 and 2020....
...SoftBank earned a $6.4bn quarterly profit — its first for more than a year — bolstered by gains from companies such as TikTok owner ByteDance, food delivery app DoorDash and a “recovery in public assets”...
...SenseTime, Baidu, ByteDance, voice recognition company iFlytek and AI start-up Zhipu have since released their chatbots to the public....
...The Ukraine invasion is casting an unflattering light on the role of China’s private technology groups, including Tencent, Sina Weibo and ByteDance, in disseminating official misinformation, posing difficult...
...It is seeking to take on ByteDance’s Douyin, the local sister version of the viral short-video app TikTok....
...Shen made his name with early bets on TikTok parent ByteDance and ecommerce giants Alibaba and Meituan....
...India banned hundreds of Chinese apps including ByteDance-owned short video platform TikTok, in retaliation on national security grounds....
...The growth of rival ByteDance’s Douyin, TikTok’s sister app for China, had also been stealing advertising spending away from WeChat....
...Tencent has been ramping up investment in Channels, the short video function embedded in its ubiquitous super app WeChat, after falling behind the surging popularity of ByteDance’s Douyin platform, the sister...
...T-head, Xiangshan and ByteDance are all developing Risc-V chips in-house....
...KKR’s previous media and entertainment investments include ByteDance, Epic Games and Axel Springer....
...In 2020, ByteDance founder Zhang Yiming stepped down as chief executive and chair. In 2021, Colin Huang, the man behind ecommerce platform Pinduoduo, left his chief executive role....
...A decade of tech and tensions China has produced some of the world’s biggest and most successful tech companies over the past decade, including Alibaba, Tencent, Baidu, ByteDance — and Huawei Technologies...
...Qiming Venture Partners, an early backer of ByteDance, has raised $3.2bn. Sequoia China has secured $9bn in fresh capital....
...“Alibaba has been saying it was because of losing a key customer, which was ByteDance’s TikTok, but clearly there are other reasons too,” he said....
...ByteDance, owner of short video platform TikTok, has become a bigger risk than Beijing crackdowns....
...But competition from domestic rivals JD.com, ByteDance and Pinduoduo has chipped away at its dominant position and now Alibaba has less than half the total online shopping market in China, according to research...
...US push (Nikkei Asia) DHL chief warns China lockdowns pose risk for global economy (Nikkei Asia) US to probe claims that top Chinese chipmaker violated ban on Huawei (FT) Skadden loses top lawyer to ByteDance...
...ByteDance revenues doubled in 2020ByteDance increased its revenues 111 per cent last year to $34bn and had 1.9bn monthly users across its apps at the end of the year....
...The meeting was also attended by ByteDance, Baidu, NetEase, Huawei and Xiaomi....
...Tencent, ByteDance and the fintech affiliates of Baidu, JD.com, Meituan and Didi were among the group summoned to a meeting with officials from the People’s Bank of China and other banking, securities and...
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