Beijing Bytedance Technology Co., Ltd. is a tech company underpinned by AI and mobile Internet. Its flagship app “Toutiao”(which means “headline” in Chinese), one of the fastest growing mobile products in China, initiated personalized information flow, thereby creating a new way to connect people with information through massive information gathering, in-depth data mining and user behavior analysis. In addition, Bytedance continuously strides in video, Q&A, image and other fields, powered by a range of products including “Tik Tok/Douyin”, “Hypstar/Huoshan”, “Xigua Video”, “Neihan Duanzi”, “Wukong Q&A” and “Tuchong”.

With impetus from robust technology and continuous innovation in the team, Bytedance products keep a leading position in all areas involved and are still growing rapidly. By October 2017, Toutiao serves over 100 million daily active users, average use time per day sits at 76 minutes and on average each user starts the app nine times per day, ranking top among Chinese Internet enterprises in use time and traffic volume. As Bytedance consolidates its China market, it also adopts the strategy of globalization through self-construction plus investment. “TopBuzz”, the overseas version of Toutiao’s news app, and “TopBuzz Video” have made a foray into Japan, the US, Brazil and other countries. Toutiao also acquired US popular video app Flipagram and invested in information products in emerging markets such as India and Southeast Asia.

Company details
Founder?ZHANG Yiming
Vision?Dedicated to building an information platform that best understands you, connecting information with people and fostering creation and communication.

Additional Details

  • Estimated Annual Revenue (USD):$0-$1M
  • Industry: Application Software
  • Corporation Status:Public
  • Number of Employees: 5000+
  • Company Definition:Large Enterprise
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