ByteDance in Talks With Potential Buyers to Sell Game Titles

[ad_1] TikTok’s parent company ByteDance is further scaling back its ambitions in the gaming industry and is in talks to sell game titles to several prospective buyers. Chinese media LatePost…

TikTok’s Milestone: $10 Billion In Global Spending

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ByteDance slides around Indonesian social commerce ban with $1.5 billion buy

[ad_1] A mere two-and-a-half months after Indonesia imposed a ban on social commerce, made-in-China social media giant TikTok and local super-app company GoTo have announced a “strategic e-commerce partnership” in…

TikTok parent ByteDance offers share buyback valuing the Chinese giant at $268 billion

[ad_1] Sheldon Cooper | LightRocket | Getty Images TikTok parent ByteDance plans to spend up to $5 billion buying back stock, a person familiar with the matter told CNBC, as…

TikTok owner ByteDance cuts gaming division jobs

[ad_1] TikTok owner ByteDance cuts gaming division jobs  BBC [ad_2] Source link

TikTok owner ByteDance cuts gaming jobs – BBC News

[ad_1] By Mariko Oi Business reporter 24 minutes ago Image source, Getty Images ByteDance has confirmed that it will significantly downsize its gaming business after reports of job cuts. It…

TikTok owner ByteDance cuts gaming jobs

[ad_1] The Chinese firm entered the gaming market in 2019 to compete with Tencent but has failed to grab market share. [ad_2] Source link

TikTok owner ByteDance axes hundreds of jobs in gaming unit as it scales back ambition

[ad_1] Sheldon Cooper | LightRocket | Getty Images TikTok parent company ByteDance is cutting hundreds of jobs in its gaming division, a person familiar with the matter told CNBC, marking…

ByteDance Is Said to Shut Main Gaming Arm in Business Retreat

[ad_1] (Bloomberg) — ByteDance Ltd. plans to wind down its main gaming brand Nuverse in a major withdrawal from the sector, a person familiar with the matter said, after failing…

ByteDance billionaire’s VC firm sets up shop in marquee HK tower

[ad_1] HONG KONG – ByteDance co-founder Zhang Yiming’s five-month-old venture capital firm has leased space in one of Hong Kong’s most recognisable skyscrapers, joining an influx of Chinese financial houses…