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Other tech players like Douyin the Chinese version of ByteDances TikTok JD.com and Pinduoduo are rolling out their own campaigns some larger than others PositiveSHANGHAI Chinas Alibaba Group Holding Ltd will kick off its megashopping extravaganza Singles early this year a move that will likely see a big jump in its sales as the easing of the countrys COVID19 pandemic drives an economic rebound http://www.reuters.com/places/china/article/us-singles-day-alibaba/alibaba-to-kick-off-chinas-first-post-pandemic-singles-day-early-idUSKBN27F1012020-10-31
ByteDances other Chinese operations include news aggregator Jinri Toutiao work collaboration tool Feishu and videostreaming app Xigua PositiveBEIJING TikTokowner ByteDance is in discussions internally and with investment banks to list its Chinese short video app Douyin in Hong Kong according to two people familiar with the situation http://www.reuters.com/finance/deals/article/us-china-bytedance-douyin/bytedance-in-early-talks-to-list-chinese-short-video-app-douyin-in-hong-kong-sources-idUSKBN27B0GB2020-10-26
BEIJING China will need to approve ByteDances proposed deal with Oracle Corp for its TikTok app the Chinese company said on Thursday indicating how its bid to stave off a ban in the United States could be further complicated PositiveBEIJING China will need to approve ByteDances proposed deal with Oracle Corp for its TikTok app the Chinese company said on Thursday indicating how its bid to stave off a ban in the United States could be further complicated http://www.reuters.com/places/china/article/us-china-bytedance-tiktok-proposal/bytedance-says-china-will-have-to-approve-its-u-s-tiktok-deal-idUSKBN2680PV2020-09-18
Oracle Corps deal to be a technology provider to ByteDances TikTok will be announced on Tuesday afternoon CNBC reported on Tuesday citing sources PositiveOracle Corps deal to be a technology provider to ByteDances TikTok will be announced on Tuesday afternoon CNBC reported on Tuesday citing sources http://www.reuters.com/places/china/article/us-china-bytedance-tiktok-oracle/oracle-tiktok-deal-to-get-trump-approval-on-tuesday-cnbc-idUSKBN2662DF2020-09-16
Oracle would become ByteDances technology partner responsible for the management of TikToks data and take a minority stake in TikTok the sources added PositiveOracle would become ByteDances technology partner responsible for the management of TikToks data and take a minority stake in TikTok the sources added http://www.reuters.com/finance/article/us-usa-tiktok-trump/trump-says-oracle-close-to-tiktok-deal-as-bytedance-aims-for-majority-ownership-idUSKBN26637C2020-09-16
The bulk of ByteDances revenue is still generated in China sources have told Reuters mainly from ad income on Douyin and its Chinese news aggregator Jinri Toutiao PositiveBEIJING Douyin the Chinese version of short video app TikTok hit 600 million daily active users in August an executive with parent company ByteDance said on Tuesday a jump since the start of the year http://www.reuters.com/places/china/article/us-china-bytedance/bytedances-chinese-version-of-tiktok-hits-600-million-daily-users-idUSKBN2660P42020-09-15
Some of ByteDances top backers including investment firms General Atlantic and Sequoia will also be given minority stakes in TikToks U.S. operations under the proposal one of the sources said PositiveSome of ByteDances top backers including investment firms General Atlantic and Sequoia will also be given minority stakes in TikToks U.S. operations under the proposal one of the sources said http://www.reuters.com/places/china/article/us-china-bytedance-tiktok-oracle/bytedance-drops-tiktoks-u-s-sale-to-partner-with-oracle-sources-idUSKBN2650002020-09-14
Were Trump to agree to ByteDances proposed deal with Oracle he would have to rescind his order calling specifically for TikTok to be divested PositiveSome of ByteDances top backers including investment firms General Atlantic and Sequoia will also be given minority stakes in TikToks U.S. operations under the proposal one of the sources said http://www.reuters.com/places/china/article/us-china-bytedance-tiktok-oracle/bytedance-drops-tiktoks-u-s-sale-to-partner-with-oracle-sources-idUSKBN2650002020-09-14
Chinas new rules around tech exports mean ByteDances sale of TikToks U.S. operations could need Beijings approval a Chinese trade expert told state media a requirement that would complicate the forced and politically charged divestment PositiveChinas new rules around tech exports mean ByteDances sale of TikToks U.S. operations could need Beijings approval a Chinese trade expert told state media a requirement that would complicate the forced and politically charged divestment http://www.reuters.com/finance/deals/article/us-usa-tiktok-china/chinas-new-tech-export-controls-could-give-beijing-a-say-in-tiktok-sale-idUSKBN25Q05Q2020-08-30
WASHINGTON President Donald Trump wants to deny China some of the proceeds from the sale of ByteDances U.S. operations of its videosharing app TikTok White House economic adviser Larry Kudlow said on Wednesday but it would be unusual for any company that acquires TikTok to provide funds to the U.S. Treasury NegativeWASHINGTON President Donald Trump wants to deny China some of the proceeds from the sale of ByteDances U.S. operations of its videosharing app TikTok White House economic adviser Larry Kudlow said on Wednesday but it would be unusual for any company that acquires TikTok to provide funds to the U.S. Treasury http://www.reuters.com/news/technology/article/us-usa-tiktok-kudlow/unusual-for-u-s-treasury-to-get-a-cut-of-any-tiktok-sale-white-house-aide-idUSKCN25F2K62020-08-20
WASHINGTON Aug 19 White House economic adviser Larry Kudlow said on Wednesday President Donald Trump wants to deny China some of the proceeds from the sale of ByteDances U.S. operations of its videosharing app TikTok but it would be unusual for any company that acquires TikTok to provide funds to the U.S. Treasury NegativeWASHINGTON Aug 19 White House economic adviser Larry Kudlow said on Wednesday President Donald Trump wants to deny China some of the proceeds from the sale of ByteDances U.S. operations of its videosharing app TikTok but it would be unusual for any company that acquires TikTok to provide funds to the U.S. Treasury http://www.reuters.com/news/media/article/usa-tiktok-kudlow/unusual-for-any-company-that-acquires-tiktok-to-give-funds-to-u-s-treasury-white-house-aide-idUSW1N2ER01C2020-08-20
The sources said that local moderators were instructed by a team from ByteDances Beijing headquarters to delete articles seen as about Chinese authorities on the Baca Berita app NegativeSINGAPORE Chinese tech giant ByteDance censored content it perceived as critical of the Chinese government on its news aggregator app in Indonesia from 2018 to mid2020 six people with direct knowledge of the matter told Reuters http://www.reuters.com/places/china/article/us-usa-tiktok-indonesia-exclusive/exclusive-bytedance-censored-anti-china-content-in-indonesia-until-mid-2020-sources-idUSKCN2591ML2020-08-14
Other sources said that ByteDances is prioritising expansion into education technology and gaming rather than financial technology PositiveBeijingbased ByteDance the owner of global short video hit TikTok is taking steps to move into the online stock brokerage and wealth management business in Hong Kong trademark registration documents show http://www.reuters.com/places/china/article/us-china-bytedance-fintech/bytedance-takes-step-toward-entering-online-stock-broking-in-hong-kong-idUSKCN2560Y12020-08-11
WASHINGTON President Donald Trumps unprecedented demand that the United States get a cut of the proceeds from the forced sale of Chinese internet giant ByteDances shortvideo app TikTok is based on an interpretation of U.S law that regulatory lawyers say may be open to challenges NegativeWASHINGTON President Donald Trumps unprecedented demand that the United States get a cut of the proceeds from the forced sale of Chinese internet giant ByteDances shortvideo app TikTok is based on an interpretation of U.S law that regulatory lawyers say may be open to challenges http://www.reuters.com/finance/article/us-usa-trump-tiktok/trumps-bid-for-a-piece-of-microsoft-tiktok-deal-could-spur-legal-action-idUSKCN2503262020-08-05
LONDON The location of TikTok owner ByteDances headquarters is a commercial decision for the company to make a spokesman for British Prime Minister Boris Johnson said on Monday responding to a report that the firm could move to London NeutralLONDON The location of TikTok owner ByteDances headquarters is a commercial decision for the company to make a spokesman for British Prime Minister Boris Johnson said on Monday responding to a report that the firm could move to London http://www.reuters.com/places/china/article/us-china-bytedance-britain-government/location-of-tiktok-headquarters-is-a-matter-for-bytedance-pm-johnsons-spokesman-idUSKBN24Z1JZ2020-08-04
ByteDances separation of TikTok was the same strategy NeutralThe source said the move was made because it was not clear if Hong Kong would now fall entirely under Beijings jurisdiction in light of the new law http://www.reuters.com/finance/article/us-tiktok-hong-kong-exclusive/exclusive-tiktok-says-it-will-exit-hong-kong-market-within-days-idUSKBN2480AD2020-07-07
Creating new leadership positions for ByteDances China business Zhang said in a letter to employees he would now focus on global expansion and fresh initiatives such as education PositiveKONG The founder of Chinas ByteDance owner of the wildly successful TikTok app has for years aspired to make ByteDance the first Chinese firm to rival U.S. internet giants on the global stage http://www.reuters.com/places/chinahttps://www.reuters.com/article/us-china-bytedance-ceo/zhang-yiming-founder-of-tiktok-owner-bytedance-gears-up-for-the-global-stage-idUSKBN21014Y2020-03-14















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