TikTok's Chinese version, Douyin, has decided to adjust its e-commerce business. In the future, Douyin E-Commerce will focus on online shopping malls and brands.
On August 12, the Cyberspace Administration of China released a filing list of 30 domestic Internet information service algorithms from NetEase, Qihoo 360, Kuaishou, Meituan and other well-known enterprises in the country.
Luo Min, the founder and CEO of Chinese tech firm Qudian, changed his Douyin account name on August 2 to "Qudian Precooked Dishes." Moreover, all videos related to Luo Min on the account were deleted.
ByteDance's CEO Liang Rubo recently updated his personal OKR, which shows that ByteDance is updating its recruitment plan according to business needs and will greatly reduce the numbes it needs throughout 2022-23.
On July 19, Baidu-backed video streaming platform iQIYI and ByteDance's short video app Douyin announced a new cooperation, under which the two sides will jointly explore secondary creation and the promotion of long video content.
ByteDance's short video sharing platform Douyin announced on July 18 that due to changing business developments, "Circle," a same-city social networking function, will be closed on July 29.
Users of Douyin, the Chinese mainland version of TikTok, can now purchase combo meal delivery services from restaurants through the platform.
ByteDance's first online real-time interactive community app named "Party Island" was recently launched.
In the first half of this year, the gross merchandise volume (GMV) of Douyin's local life business reportedly totaled about 22 billion yuan ($3.28 billion).
Mobile application data analysis company Sensor Tower released a report on July 8 claiming that Douyin and its overseas version TikTok earned more than $283 million in June from the App Store and Google Play.
ByteDance's short video sharing app Douyin, the Chinese mainland version of TikTok, will launch a brand-new recommendation application called "Kesong."
Douyin and Kuaishou, two leading Chinese short video platforms, are increasing their investment in e-commerce infrastructure.
In China's rapidly diversifying e-commerce industry, livestreaming is emerging as a top method for driving sales.
China Media Group (CMG) and ByteDance's Douyin held a cloud release event on Tuesday, announcing that Douyin will become the broadcasting rights holder of the 2022 World Cup in Qatar.
Douyin, the Chinese mainland version of ByteDance's TikTok, is conducting limited testing for a new function of "automatically playing the next video," instead of replaying the current video content.