Chinese internet technology company
ByteDance Ltd. Headquarters at 1733 Commercial Space, Beijing
Native name
字节跳动有限公司 Formerly Douyin Group (HK) Ltd. (2018-2022) Company type Private Industry Internet Founded 13 March 2012; 12 years ago (2012-03-13 ) Founders 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 Revenue US$120 billion (2023)[ 4] US$2 billion (2022)[ 5] Number of employees
c. 150,000 (2023)[ 6] Subsidiaries ASNs 396986 , 138699
Website bytedance .com
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. The company is also the developer of the news platform Toutiao .
ByteDance has attracted legislative and media attention in several countries over security, surveillance, and censorship concerns.[ 8] [ 9] [ 10]
^ a b 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 .
^ 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 .
^ a b 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 .
^ Scheer, Olga; Natzel, Leonie Tabea (24 April 2024). "Tiktok wendet EU-Strafe vorerst ab – USA setzen Ultimatum" . Handelsblatt . Retrieved 25 April 2024 .
^ 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 .
^ "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 .
^ Yang, Yingzhi; Goh, Brenda (17 August 2021). "Beijing took stake and board seat in key ByteDance domestic entity this year" . Reuters . Archived from the original on 27 July 2022. Retrieved 27 July 2022 .
^ Baker-White, Emily (16 March 2023). "The FBI And DOJ Are Investigating ByteDance's Use Of TikTok To Spy On Journalists" . Forbes . Archived from the original on 17 March 2023. Retrieved 17 March 2023 .
^ Baker-White, Emily (21 April 2023). "Security Failures At TikTok's Virginia Data Centers: Unescorted Visitors, Mystery Flash Drives And Illicit Crypto Mining" . Forbes . Archived from the original on 30 April 2023. Retrieved 30 April 2023 .
^ Milmo, Dan (8 November 2022). "TikTok's ties to China: why concerns over your data are here to stay" . The Guardian . Archived from the original on 23 November 2023. Retrieved 3 December 2022 .