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What companies are owned by ByteDance? ByteDance is located in these places
Presumably many people don’t know Bytedance, but many of the company’s products are almost popular all over the world. Many people use their products in their spare time, such as Douyin and Toutiao. Under the banner of Jieding. So, what are the companies under ByteDance?
In the early days of ByteDance’s establishment, ByteDance tested the waters with products such as “Neihan Duanzi” and “Funny Embarrassing Pictures”. The distinctive product features allowed such apps to quickly accumulate hundreds of thousands of daily active users. , which laid the foundation for the growth of subsequent products. In August 2012, ByteDance launched the information app "Today's Toutiao". Relying on the popularity of "Neihan Duanzi" accumulated in the early stage, "Today's Toutiao" had accumulated 1 million daily active users by the end of that year. The emergence of "Today's Toutiao" first brought the outside world's attention to Bytedance. More importantly, it provided a differentiated development path for Bytedance's future development: algorithm-based personalized recommendations and explosive traffic. .
In June 2019, ByteDance participated in the Pre-IPO round of financing of Hupu Sports, acquiring 30% of Hupu's equity for 1.26 billion yuan, becoming its largest shareholder. Hupu Sports, known as the "first community for straight men", first started with sports information, but now its business has covered many fields such as sports content operation, sports marketing, e-commerce platform and event IP. It has a strong reputation among the user group. The influence is no longer limited to the field of sports. Prior to this, ByteDance had invested in many companies related to enterprise services, such as Nut Cloud, Oriental IC, Tower, Tuoke Culture, Graphite Documents, Qijian Software Terark, etc.
On August 9 of the same year, ByteDance established a new company, Beijing Interactive Ultimate Technology Co., Ltd. Yan Shu serves as the company's executive supervisor. According to industrial and commercial information, the new company's business scope includes technology and software development and other businesses, which has a high degree of overlap with the business scope of the game company. It can be deduced from this that Interactive Ultimate Company may become ByteDance’s new base for developing serious games, just like Chaoxi Light Years ago.
ByteDance has become the most active acquirer this year, 2021. According to IT Juzi data survey, ByteDance acquired 5 companies in the first quarter, including mobile game developer "Mutong Games", third-party electronic certification service provider "Century Speed ??Code", and K12 stage big data precision teaching service platform "Jike Big Data", Internet medical service "Songguo Medical" and video conferencing service provider "Blue Cat Weihui".
It can be seen that ByteDance has great ambitions. In the future, it may focus on diversified development in multiple fields. ByteDance will "beat" in various fields of daily life.
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