ByteDance owns both TikTok and Douyin, and although TikTok has more users around the world, Douyin is the company’s cash cow and a China mainstay. By Claire Fu and Daisuke Wakabayashi Reporting from ...
President Donald Trump’s tariffs announcement this week prompted China to back out of a potential deal to save TikTok. The Trump administration was close to finalizing a deal for U.S. investors to own ...
President Biden on Wednesday signed a law that would ban Chinese-owned TikTok unless it is sold within a year. It is the most serious threat yet to the video-streaming app's future in the U.S., ...
Figures from China Internet Watch, revealed the Bytedance owned short-video app outperformed rival app Kwai, which attracted 160 million daily active users. The figures reveal the huge appetite for ...
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