ByteDance’s sales break $110 billion to pass Tencent in 2023

[ad_1] ByteDance Ltd.’s sales surged in 2023 to more than $110 billion, according to people familiar with the matter, potentially overtaking arch-foe Tencent Holdings Ltd. in a sign TikTok’s fledgling…

ByteDance’s PICO Reportedly Adjusts Organisational Structure, Plans to Increase XR R&D Input

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Beijing unlikely to approve ByteDance’s TikTok deal with Oracle – Global Times

[ad_1] SHANGHAI (Reuters) – A deal China’s ByteDance has struck with Oracle Corp and Walmart Inc over the future of its video-streaming app TikTok is unlikely to receive Chinese government…

ByteDance’s Douyin and Tencent bury hatchet, reach video cooperation pact

[ad_1] BEIJING: Douyin, the Chinese counterpart of TikTok, and internet giant Tencent have agreed to explore the joint promotion of short and long videos, in a thawing of frosty relations…