Fast-growing Chinese media startup ByteDance is looking to raise as much as $3 billion to continue growth for its empire of mobile-based entertainment apps, which include news aggregator Toutiao and video platform Tiktok. The Beijing-based startup is in early-stage talks with investors to raise $2.5 billion to $3 billion, according to a source with knowledge […]
View More Fast-growing Chinese media startup ByteDance is raising $2.5B-$3B moreCategory: bytedance
Short video service Musical.ly is merging into sister app TikTok
Musical.ly, the short video app that’s popular among teens and young people, is going away. Kinda of. The app and all user data and accounts is being merged with Toktok, a sister app that’s owned by ByteDance, the Chinese company that acquired Musical.ly for around $1 billion last year. The switch-over happens today (Thursday) and it […]
View More Short video service Musical.ly is merging into sister app TikTokShort video service Musical.ly is merging into sister app TikTok
Musical.ly, the short video app that’s popular among teens and young people, is going away. Kinda of. The app and all user data and accounts is being merged with Toktok, a sister app that’s owned by ByteDance, the Chinese company that acquired Musical.ly for around $1 billion last year. The switch-over happens today (Thursday) and it […]
View More Short video service Musical.ly is merging into sister app TikTokThere’s more: Google is also said to be developing a censored news app for China
Can Google’s week get any worse? Less than a day after the revelation that it is planning a censored search engine for China, so comes another: the U.S. firm is said to be developing a government-friendly news app for the country, where its search engine and other services remain blocked. That’s according to The Information which reports […]
View More There’s more: Google is also said to be developing a censored news app for ChinaThere’s more: Google is also said to be developing a censored news app for China
Can Google’s week get any worse? Less than a day after the revelation that it is planning a censored search engine for China, so comes another: the U.S. firm is said to be developing a government-friendly news app for the country, where its search engine and other services remain blocked. That’s according to The Information which reports […]
View More There’s more: Google is also said to be developing a censored news app for ChinaMusical.ly’s shutdown of Live.ly was contractually obligated
Musical.ly has begun redirecting users of its Live.ly app, which it decided to kill off last month, to a competing app called LiveMe. Existing Live.ly users are being pointed to LiveMe through an in-app message, it says. While it’s a fairly common industry practice for companies to direct users to similar apps or services when […]
View More Musical.ly’s shutdown of Live.ly was contractually obligatedAs Chinese censorship intensifies, gays are back while teenage mothers and tattoos are out
Following the passage of a new cybersecurity law and the removal of term limits from Chinese president Xi Jinping, China’s government is conducting a comprehensive crackdown on online discussions and content, with few companies spared the rod by the central government. Among the casualties has been Bytedance, the extremely high-flying $20 billion media unicorn startup […]
View More As Chinese censorship intensifies, gays are back while teenage mothers and tattoos are outFast-growing Chinese media startup ByteDance enters 2018 with some uncertainty
One of the fastest rising Chinese startups of last year had a bumpy ride into 2018 after falling foul of China’s internet censors for the first. ByteDance, the new media firm behind news app Toutiao and the owner of Musical.ly courtesy of a $1 billion deal, had a standout 2018. Its valuation jumped to more than $20 billion, it picked a number of international services —… Read More