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Zhang Yiming ( Chinese: 张一鸣; born April 1, 1983) is a Chinese internet entrepreneur. He founded ByteDance in 2012, developed the news aggregator Toutiao and the video sharing platform Douyin (internationally known as TikTok ). As of March 2024, Zhang's personal wealth was estimated at US$40.2 billion, according to Bloomberg Billionaires ...
TikTok, whose mainland Chinese counterpart is Douyin, [a] [3] is a short-form video hosting service owned by Chinese internet company ByteDance. It hosts user-submitted videos, which can range in duration from three seconds to 60 minutes. [4] It can be accessed with a smartphone app .
ByteDance Ltd. is a Chinese internet technology company headquartered in Haidian, Beijing and incorporated in the Cayman Islands. [7] Founded by Zhang Yiming, Liang Rubo and a team of others in 2012, ByteDance developed the video-sharing apps TikTok and Douyin.
A group of 21 states and more than 50 U.S. lawmakers on Friday backed the Justice Department in its defense of a law that requires China-based ByteDance to sell TikTok's U.S. assets by Jan. 19 or ...
In China, consumer spending on Douyin—the Chinese version of TikTok—increased by 76% year-on-year in 2022 to hit $195 billion, The Information reported. Yet Bytedance could struggle to ...
China heavily regulates how TikTok's sister app Douyin is used by minors in the country, especially after 2018. [62] Under government pressure, ByteDance introduced parental controls and a "teenage mode" that shows only whitelisted content, such as knowledge sharing, and bans pranks, superstition, dance clubs, and pro-LGBT content.
July 3, 2024 at 5:56 AM. NEW YORK (AP) — TikTok and its bite-sized videos arrived in the United States as a global version of the Chinese app Douyin. Less than six years later, the social media ...
In October 2020, TikTok users in Armenia reported a loss of app functionality, although it has not been confirmed whether this was the result of any intervention by the Armenian government in response to the use of the app by Azerbaijani sources to spread misinformation during the 2020 Nagorno-Karabakh conflict.