China Newsbase
Fast, easy search of the China news that matters
The China News Database was last updated at 01:50PM on November 9, 2023.
Database searches currently perform best when a tag filter is used. We suggest trying out these tags: Xi Jinping, Russia, Taiwan, COVID-19, climate change, electric vehicles, gaming, IPOs, Belt and Road Initiative.
You may also filter by articles featured in our daily members-only Access newsletter, to get a curated overview of the top news and analysis about Chinese politics, business, and society. Select one option:
- All top news and analysis
- The China Project top news and analysis
- Top news and analysis from elsewhere — Stories in the “News briefing,” previously known as “Recommended links”
This product is in beta testing and development. If you would like to share feedback on the content or user experience, please email editors@thechinaproject.com.
392 articles matching the search query.
ByteDance VR Experience Machine Patent Exposed
An affiliated company of ByteDance was granted an appearance patent for a
TikTok owner ByteDance dives deeper into the metaverse with VR start-up deal
Beijing-based ByteDance, owner of short video app TikTok, has acquired Chinese virtual reality start-up PoliQ, the latest investment in the tech giant’s ongoing efforts to crack the metaverse.
ByteDance Hires Skadden Lawyer as CFO While IPO Remains in Limbo
TikTok’s owner, ByteDance, has recruited a high-powered lawyer from global firm Skadden. The hiring of Julie Gao (Gāo Zhǔn 高准) “is likely to revive speculation about ByteDance’s potential IPO,” says Bloomberg.
2022年3月全球热门移动应用收入TOP10
ByteDance makes more in China: According to data by Sensor Tower, ByteDance’s Chinese video app, Douyin, and its international version, TikTok, in March collectively made revenue of more than $308 million in the App Store and Google Play from “consumer spending.”
Of this, 45.6% came from China, 18.8% from the U.S. market, and 4.2% from Saudi Arabia. Earlier this week, we reported a forecast that suggested the ad revenue of TikTok alone could top $11 billion in 2022.
新鲜早科技丨PayPal CFO将离职转任沃尔玛CFO；唯捷创芯科创板破发大跌36%；知乎或将回归港股IPO - 21财经
Douyin is doing drinks: Douyin, ByteDance’s short-video app, confirmed today the company will sell beverages on the Douyin platform via live broadcasts and short videos.
机构：TikTok今年广告收入或激增至逾110亿美元 超推特与Snapchat之和
TikTok’s ad revenue could top $11 billion this year, according to one forecast, which is more than Twitter and Snapchat combined. TikTok and its Chinese counterpart Douyin, both products of Beijing-based ByteDance, together surpassed 63 million downloads in March 2022, ranking first in the list of global mobile non-game application downloads.
独家|元气森林人事动荡：原字节高管柳甄已离职，曾是元气森林4大核心成员之一
A Genki Forest executive in charge of overseas expansion has reportedly departed the company after just three months on the job. Liǔ Zhēn 柳甄, the former senior vice president of ByteDance, had joined Genki Forest in December 2021.
China Fines Alibaba, Tencent in Latest Antitrust Investigation
Just another day in antitrust enforcement: “Alibaba, Tencent, and Baidu are the target of another round of antitrust fines on Saturday [November 20] totaling 21.5 million yuan ($3.4 million),” per Bloomberg via Caixin. Other big names in China tech such as JD.com, ByteDance, and Meituan were also “fined 500,000 yuan ($78,000) for each violation” of antitrust law, TechNode reports. Caixin notes that the “first salvo since the appointment of Gān Lín 甘霖 as the head of the country’s anti-monopoly bureau” was met mostly with a shrug by markets.
Chinese netizens snap up book of quotes from ByteDance creator
Taobao sellers are hawking an unauthorized book containing all of ByteDance founder Zhāng Yīmíng’s 张一鸣 social media posts between 2010 and 2016, a period when his company grew rapidly.
ByteDance Founder Quits Board, Source Says
He quit the board, but does he still control ByteDance behind the scenes? The co-founder and chairman of the company behind TikTok, Zhāng Yīmíng 张一鸣, has relinquished his board seat at the company six months after he said he was stepping down as CEO to focus on the firm’s long-term strategy,” Caixin reports. But the South China Morning Post says he may still be pulling the strings.
TikTok Parent’s Founder Zhang Yiming Steps Down as Chairman
ByteDance chairman Zhāng Yīmíng 张一鸣 steps down, “completing a leadership transition that began in May,” reports the Wall Street Journal, or see the Guardian. Founders of other tech companies, including JD, Pinduoduo, and Kuaishou, have also retreated from top jobs in the last year.
TikTok owner restructures after tough year
ByteDance to split into six business units as outlook dims for gaming and online education
ByteDance to reorganise into six units, CFO steps down to focus on TikTok
TikTok CEO Shou Zi Chew will step down as its parent ByteDance's chief financial officer (CFO) to focus on running the short video platform full time, according to an internal memo the company shared with Reuters.
China’s biggest online celebrity drags ByteDance into a fight with agent
TikTok owner ByteDance becomes a casualty in a widely watched legal case involving one of China’s top online stars and her agency.
Is China’s virtual idol boom a trend with staying power? · TechNode
Virtual influencers gain traction: Perhaps looking to avoid scandals and controversies around human representatives, companies are turning to digital characters to promote their brands and products.
Chinese Self-Driving Startup QCraft Launches the Country’s First 5G-Based Ride-Share Driverless Bus, Blurring the Line between Robobuses and Robotaxis - Pandaily
Self-driving company hits the road: China’s first 5G-enabled, on-demand, driverless bus has been launched by ByteDance-backed QCraft.
字节又投了两家半导体公司：一家为造芯，一家指向元宇宙 | 猎云网
ByteDance news roundup: The good: the company is deepening investment in semiconductors. The bad: its IPO is likely delayed until late 2022, and in the meantime, one of its top investors wants to offload $500 million in shares.
ByteDance IPO likely delayed until late 2022, sources say
The Chinese owner of TikTok faces road blocks in its plan to go public as Beijing revises its data regulatory framework, sources told the South China Morning Post.
Top ByteDance Investor Said to Weigh $500 Million Stake Sale
Susquehanna International Group, one of ByteDance Ltd.’s earliest and largest backers, is looking to sell about $500 million of its shares in the TikTok owner, seeking to diversify its portfolio during China’s tech crackdown and profit from the startup’s growth.
TikTok Co-Founder Is China’s Richest Internet Tycoon, Forbes Says
Zhang Yiming is now the 20th richest person on the planet
