Beijing’s market regulator recently visited ByteDance’s Douyin video hosting service to look into the company’s livestreaming e-commerce business and discuss how to prevent over-charging, a statement, published on Thursday on the regulator’s official WeChat account, said. The regulator’s visit to Douyin – the Chinese version of TikTok – comes at a time when Beijing has […]
ByteDance
In the age of social media, it is difficult to differentiate when an individual excessively shares on their social platforms. Yet sharing our personal information is not always within our control. The Forbes TikTok conflict started on October 20, 2022, when the leading business magazine published an article accusing TikTok’s parent company, ByteDance, of taking […]
ByteDance is planning to disjoin its global social media sensation, TikTok, into a solitary business unite, following an executive decision to break down the company into six entities, according to Reuters. Chief executive officer (CEO), Liang Rubo, has initiated plans to refurbish the technology enterprise into various parts, following founder Zhang Yiming’s decision to retire from […]
ByteDance plans to globally emerge into the e-commerce industry by leveraging TikTok, to launch an international shopping platform, attracting merchants and consumers taking on Amazon. The Beijing-based company proved itself as a force to be reckoned with as it expands its influence over a diversified multitude of platforms, and its latest tactic to overtake Amazon’s […]