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TikTok now has over 1.9 billion users; revenues double in past year

TikTok's parent company posted an operating loss of $2.1 billion.

Kenneth HoJun 18, 2021

Zhang Yiming founded ByteDance and TikTok; now he's stepping down as CEO

He played a pivotal role in growing the company to what it is today.

Alfred LeeMay 20, 2021

ByteDance squares off against Meituan in local services market

Tech unicorn ByteDance is stepping up its efforts in China’s local services market through short video platform Douyin, the sister app of TikTok.

SCMP.COMApr 26, 2021

India banned TikTok; now their own apps have caught up in user numbers

India's social media users are also very loyal to their home-grown apps

Alfred LeeApr 23, 2021

TikTok owner ByteDance reportedly building a Clubhouse clone

ByteDance wants to dominate the social media space

Rajitha ReddyMar 05, 2021

China's TikTok (Douyin) is suing WeChat's parent company Tencent for 'monopolistic behaviour'

TikTok is also seeking $13.95 million in compensation from Tencent

Alfred LeeFeb 03, 2021

TikTok competitor Kuaishou is massively popular among millennials; worth over $25 billion

The company raised $5.4 billion in its IPO last Friday.

Alfred LeeJan 31, 2021

TikTok China (Douyin) has launched an e-wallet to compete with Alipay and WeChat

Douyin Pay has been added as a new payment method on the app, alongside Alipay and WeChat Pay

Carl AdrianJan 20, 2021

Reddit to Buy TikTok Rival Dubsmash in New Video Push

Reddit, the 15-year-old online news aggregator and discussion forum, has agreed to buy lip-synching video app Dubsmash, one of the few remaining startups to rival TikTok, according to two people with direct knowledge of the deal. The acquisition, originally set to be announced on Monday, marks ...

THEINFORMATION.COMDec 14, 2020

TikTok and Douyin remain top grossing apps for 7 consecutive months.

The company generated $110 million in revenue in October 2020 alone.

Alfred LeeNov 10, 2020

China vows to “fight back” if TikTok and WeChat are banned.

A total ban on both apps are scheduled to take place from Nov 12.

Alfred LeeSep 19, 2020

Microsoft in talks to buy TikTok.

The app could be banned in the US soon.

Alfred LeeAug 03, 2020

TikTok and other Chinese apps might get banned in the US.

These apps are becoming more and more popular in the US.

Alfred LeeJul 08, 2020

TikTok owner, ByteDance, makes $3 billion in profit from $17 billion in revenue last year.

TikTok has been downloaded over 2 billion times globally.

Alfred LeeMay 28, 2020

TikTok's twin app Douyin launches movie streaming feature

The platform has 800 million daily active users

Wallace HoApr 02, 2020

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