TikTok’s parent company ByteDance has already seen big success with in-stream shopping in the Chinese version of the app ...

ByteDance is preparing to raise its capex to CNY160 billion (approx. US$22.70 billion) in 2026, allocating over half of this amount, CNY85 billion, towards purchasing artificial intelligence chip ...

AI expansion goes global as ByteDance aims to compete ByteDance, the parent company of TikTok, is set to ramp up its AI investments significantly next year. The company plans to… AI expansion goes ...

(Bloomberg/Echo Wong and Min Jeong Lee) — ByteDance Ltd. is on track for profits of roughly $50 billion in 2025, capping a record year for a Chinese social media leader making major inroads into ...

TikTok’s Chinese owner, ByteDance, signed binding agreements with three major investors to sell just over 80% of the company’s US assets to American and global investors to avoid a US government ban, ...

After a year of stalled negotiations, TikTok owner ByteDance has reportedly agreed to Donald Trump’s deal giving US owners majority ownership of the app. By signing the agreements, ByteDance has ended ...

Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Sign up ByteDance is pushing ahead with partnerships ...

WASHINGTON/HONG KONG, Dec 19 (Reuters) - TikTok's Chinese owner, ByteDance, on Thursday signed binding agreements to hand control of the short video app's U.S. operations to a group of investors, ...

WASHINGTON, DC - MARCH 23: TikTok CEO Shou Zi Chew testifies before the House Energy and Commerce Committee in the Rayburn House Office Building on Capitol Hill on March 23, 2023 in Washington, DC. On ...

ByteDance Ltd. is on track for profits of roughly $50 billion in 2025, capping a record year for a Chinese social media leader making major inroads into e-commerce and new markets. The Beijing-based ...

ByteDance is reportedly preparing to invest about CNY100 billion (US$14.3 billion) in AI chips in 2026, primarily purchasing AI processors from Nvidia. This planned spending exceeds the estimated ...

Chinese tech giant ByteDance is reportedly planning to purchase more than RMB 40 billion ($5.6 billion) worth of Huawei’s Ascend AI chips in 2026, a sharp increase from nearly zero procurement this ...