Bytedance

ByteDance’s Valuation Drops 25% From Last Year to Under $300B
ByteDance’s Valuation Drops 25% From Last Year to Under $300B
July 20, 2022  |  Investments

ByteDance has traded in recent weeks at valuations beneath $300 billion, a 25% drop since last year, showing the strain tech companies are under in...

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TikTok Drops Livestream Shopping Plans in US, Europe
TikTok Drops Livestream Shopping Plans in US, Europe
July 05, 2022  |  eCommerce

TikTok is dropping plans to expand its livestream shopping venture TikTok Shop in the U.S. and Europe after the venture failed to find an audience...

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TikTok Trials eCommerce Offering
TikTok Trials eCommerce Offering
July 01, 2022  |  Social Commerce

TikTok is testing a feed set apart for shopping in a bid to increase revenues for the company’s corporate parent, ByteDance, according to a TechCrunch...

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Today in the Connected Economy: Amazon Gives Alexa a Promotion
Today in the Connected Economy: Amazon Gives Alexa a Promotion
June 24, 2022  |  Connected Economy

Today in the Connected Economy, Amazon looks ahead with Alexa, Candymaker Mars joins the NFT parade, a pair of senators reintroduce the Payment Choice Act...

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ByteDance Generates $1B in Mobile Game Player Spending in Past Year
ByteDance Generates $1B in Mobile Game Player Spending in Past Year
June 24, 2022  |  Social Commerce

TikTok owner ByteDance generated $1 billion in mobile game player spending from June 21, 2021 to Monday (June 20), up 16% year over year, according...

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Today in Retail: Gap Debuts Demit Omphroy, DOGAMÍ NFTs
Today in Retail: Gap Debuts Demit Omphroy, DOGAMÍ NFTs
June 07, 2022  |  Retail

Today in retail, ByteDance could sell a small percentage of its stake in online sneaker marketplace Poizon, while merchants deliver context to one-click commerce through...

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ByteDance Could Sell Small Share of Sneaker Reseller Poizon
ByteDance Could Sell Small Share of Sneaker Reseller Poizon
June 07, 2022  |  Retail

ByteDance is mulling selling “a low single-digit percentage point stake” of online sneaker marketplace Poizon, preferably to an existing investor, Bloomberg reported Tuesday (June 7)....

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Report: TikTok Tests Gaming in Vietnam as Part of Broader Push
Report: TikTok Tests Gaming in Vietnam as Part of Broader Push
May 19, 2022  |  Social Commerce

TikTok has been conducting tests so users in Vietnam can play games on the video-sharing app, the company’s first step in what Reuters calls in...

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China’s Tech Regulatory Spree May Have Unintended Consequences
China’s Tech Regulatory Spree May Have Unintended Consequences
April 29, 2022  |  International

In a world where most of the major economies are passing new legislation and rules to tame Big Tech companies, China may be considering pausing...

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