ByteDance

Investment Highlights

Company Overview

ByteDance is an Internet technology company that discovers a world of creative content platforms. ByteDance Ltd. is a Chinese multinational internet technology company headquartered in Beijing

With products available in over 150 markets, ByteDance has offices in 126 cities, including Beijing, Shanghai, Los Angeles, New York, London, Paris, Berlin, Dubai, Mumbai, Singapore, Jakarta, Seoul, and Tokyo. ByteDance has over 60,000 employees and 15 research and development centers around the globe.

Current investors include General Atlantic, SoftBank, KKR, Sequoia Capital and SIG.

Product Lines:

TikTok – TikTok is the leading destination for short-form mobile video. Our mission is to inspire creativity and bring joy. TikTok has offices across the globe, including Los Angeles, New York, London, Paris, Berlin, Dubai, Mumbai, Singapore, Jakarta, Seoul, and Tokyo.

Helo – Available in 15 languages including Hindi, Telugu, Tamil, Malayalam and more, Helo is one of India’s leading social media platforms. Helo’s mission is to bring people together, create and share content in their own language and to connect with wider community.

Douyin – Douyin is China’s leading destination for short-form mobile videos. Powered by easy-to-use video creation tools, Douyin quickly became a highly popular app across the country. It empowers everyone to capture and present the world’s creativity, knowledge, and moments that matter in everyday life, presenting a wide and diverse range of content on the platform.

Toutiao – Toutiao is one of the most popular content discovery platforms in China. It offers users a unique, personalized and comprehensive content experience, enabling them to discover and explore topics of interest, ranging from sports and entertainment to agriculture and history.

Xigua Video – Xigua Video is one of China’s most popular video applications that enable users to discover, enjoy and share a wide range of video stories, both short-form and long-form.

Lark – Currently available in Japan and Singapore, Lark combines a multitude of essential collaboration tools in a single interconnected platform, including chat, calendar, content creation, cloud storage, and app management. Lark makes it easy to stay in sync and access these tools from one to the next.

BaBe – BaBe is Indonesia’s leading news and content app. It offers personalized news and entertainment content from more than 1,000 publisher partners, across over 20 categories. We aim to provide a comprehensive and trustworthy source of news and information, in an app that is reliable, engaging and easy to use.

BytePlus – BytePlus provides intelligent platform services powered by industry-leading research in emerging technologies. From data analytics tools to computer vision software, our solutions help businesses reach their potential.

Financials

Total Funding (June 2021) – US$9.4B

Last funding round (December 2020) – US$2B

Enterprise Value US$449B

Team

News