The Business Times
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Guan Cong

In 2023, ByteDance, which owns short-video sensation TikTok and its Chinese version Douyin, saw its total revenue surpass Tencent.

In China, AI is taking Internet advertising by storm – but at what cost? 

ByteDance is sharpening its focus on its main businesses of e-commerce and platforms such as TikTok and its Chinese sibling Douyin – implying a de-emphasis on VR, gaming, and education.

Tencent, ByteDance gut metaverse units in virtual reality check

A metaverse stand in Fintech Week 2022 in Hong Kong. Developing metaverse and web3 projects in mainland China is difficult, with the government taking a tough stance on cryptocurrency.

Strict rules at home push Chinese metaverse entrepreneurs, investors overseas

ByteDance is counting on its e-commerce foray to help commercialise TikTok and finally turn a profit in the face of pressures from tightening regulations and mounting geopolitical risks

TikTok dives into South-east Asia with e-commerce push

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