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  1. ByteDance was founded in 2012 by a team led by Yiming Zhang and Rubo Liang, who saw opportunities in the then-nascent mobile internet market, and aspired to build platforms that could enrich people's lives. The company launched Toutiao, one of its flagship products, in August 2012. It followed that success with the launch of Douyin in September ...

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  2. en.wikipedia.org › wiki › ByteDanceByteDance - Wikipedia

    ByteDance Ltd. is a Chinese internet technology company headquartered in Haidian, Beijing and incorporated in the Cayman Islands. [7] Founded by Zhang Yiming, Liang Rubo and a team of others in 2012, ByteDance developed the video-sharing apps TikTok and Douyin.

  3. Feb 24, 2022 · At just 10 years old, ByteDance, the most valuable startup in the world, has shattered records for growth. In 2021, with 1.9 billion monthly active users in 150 countries, and an employee base of ...

  4. Mar 15, 2024 · ByteDance became a prominent target of the U.S. government during the Trump administration which issued executive orders in 2020 that required ByteDance to sell TikTok's U.S. assets or face being ...

  5. Mar 13, 2024 · Once signed, the provision will give TikTok’s parent company, the Beijing-based ByteDance, roughly nine months to sell the platform or face a nationwide ban on Apple and Google app stores that ...

  6. Apr 13, 2023 · ByteDance can afford to be patient with the lossmaking Western app thanks to its lucrative Chinese version, Douyin. Last year the tech group as a whole made a gross operating profit of $25bn or so ...

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