ByteDance
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Internet, E-commerce & PlatformsBeijing · North (Beijing · Tianjin · Hebei · Shanxi · Inner Mongolia)
Business focus
Internet, E-commerce & Platforms
Description
ByteDance was founded in 2012 by Zhang Yiming, headquartered in Beijing. A private company, it owns TikTok and its Chinese counterpart Douyin, the Toutiao news aggregator, CapCut video editor, and the Lark workplace platform. It is regarded as one of the world's most valuable startups, with valuations reportedly exceeding $300 billion. Since 2024-2025 it has faced US legislation forcing a sale of TikTok's American operations.