PYMNTS-MonitorEdge-May-2024

Bytedance

ByteDance Sets Up Mobile Payments For Short-Video App Douyin
ByteDance Sets Up Mobile Payments For Short-Video App Douyin
January 19, 2021  |  Mobile Commerce

ByteDance has launched a mobile payments service for Douyin, the Chinese version of the popular short-video app TikTok, Reuters reported on Tuesday (Jan. 19). The...

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Big Tech Compliance Tracker: EU Unveils Drafts Of New Big Tech Regs; Facebook To Move UK Users To California Privacy Agreement Amid Brexit
Big Tech Compliance Tracker: EU Unveils Drafts Of New Big Tech Regs; Facebook To Move...
December 21, 2020  |  Regulation

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments in the U.S., the U.K. and Europe. EU Unveils...

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FTC Mandates Data Collection Methods From Amazon, Facebook, TikTok
FTC Mandates Data Collection Methods From Amazon, Facebook, TikTok
December 14, 2020  |  Data

The Federal Trade Commission (FTC) has mandated that nine social media companies and streaming services — including Amazon, Facebook, TikTok, Reddit, and more — turn...

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Singapore Says They’ll Award Digital Banking Licenses By Year’s End
Singapore Says They’ll Award Digital Banking Licenses By Year’s End
November 24, 2020  |  Digital Banking

Singapore’s financial regulator is sticking to the original plan to award digital banking licenses by the end of the year, according to a Bloomberg report,...

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Chinese Advertising Generates $27B For TikTok’s ByteDance
Chinese Advertising Generates $27B For TikTok’s ByteDance
November 11, 2020  |  Social Commerce

ByteDance is now firmly positioned as the second-biggest platform in China by digital advertising dollars, closing in on Alibaba’s lead and bumping Baidu, according to...

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ByteDance Valuation To Hit $180B As TikTok Owner Eyes IPO For Douyin
ByteDance Valuation To Hit $180B As TikTok Owner Eyes IPO For Douyin
November 05, 2020  |  International

TikTok owner ByteDance could see its valuation jump to a stunning $180 billion as it seeks another round of investor cash as part of an...

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Today In Payments Around The World: Google To Invest In Indonesia’s Tokopedia; India B2B Platform Jumbotail Lands $11M
Today In Payments Around The World: Google To Invest In Indonesia’s Tokopedia; India B2B Platform...
October 27, 2020  |  News

In today’s top payments news around the world, Google is to invest in Indonesia eCommerce marketplace Tokopedia, while India-based business-to-business (B2B) marketplace Jumbotail has reportedly...

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ByteDance Explores IPO For Douyin, China’s Version Of TikTok
ByteDance Explores IPO For Douyin, China’s Version Of TikTok
October 26, 2020  |  IPO

Douyin, the Chinese version of TikTok, could hit the markets as a publicly-traded company under plans being pursued by its parent company, ByteDance, new reports...

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Federal Judge Delays TikTok Ban
Federal Judge Delays TikTok Ban
September 27, 2020  |  Legal

A federal judge Sunday night (Sept. 27) granted a temporary injunction which blocked a President Donald Trump administration ban on new downloads of the short...

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