The top mobile apps in China by MAU in the first half of 2022 are led by WeChat, Taobao, Alipay, Douyin (TikTok in China), Gaode Maps, Pinduoduo, QQ, Baidu, Sogou Input, and Baidu Input, according to data from QuestMobile. Top Mobile Apps with MAU>100M in H1 2022 The top 5 mobile app categories by total […]
ByteDance is a Chinese technology company operating a range of machine-learning-enabled content platforms and apps, founded by Zhang Yiming in 2012.
ByteDance's total revenues in 2020 reached 236.6 billion yuan, an increase of 111%.
ByteDance now has a portfolio of applications available in over 150 markets and 75 languages. It includes Toutiao, Helo, TikTok/Douyin, News Republic, Vigo Video, Huoshan, Xigua Video, TopBuzz, BuzzVideo and FaceU.
Find out how ByteDance has developed so many popular mobile apps.
ByteDance’s shares have reportedly been traded on the secondary market at a valuation of up to $100 billion.
ByteDance Founder & CEO: Zhang Yiming
Born in 1983, Yiming holds a Bachelor’s degree in Software Engineering from Nankai University.
Yiming is a serial entrepreneur who has participated in or founded several ventures prior to ByteDance, including Kuxun — then the dominant travel and transportation search engine in China, which was later acquired by TripAdvisor — as well as a real estate search portal Jiujiufang.
Yiming made it to Forbes China’s “30 Under 30” list, as well as Fortune China’s “40 Business Elites Under The Age Of 40” and “50 Business Pioneers In China” lists.
In the first quarter of 2022, 3.563 million VR head-mounted displays were shipped worldwide, of which Oculus accounted for 90% of the global VR market. China shipped 257,000 VR headsets, with a year-on-year increase of 14.8%, according to data from IDC.
Tencent has the highest reach of internet users in China in 2021 (95%) with 442 mobile apps, followed by Alibaba (88%), Baidu (81%), and ByteDance (73%), according to data from QuestMobile.
China online video market reached 975 million MAU in 2021 Short video market saw 934 million users Douyin vs. Kuaishou With China’s online video platforms’ increasing production of original high-quality content and expansion of user preferences, the traffic has risen steadily, and the total number of online video users reached 974.71 million in 2021. The […]
In 2022, 42.9% of advertisers in China expect to increase spending in digital marketing, 25 percentage points more than advertisers expect to reduce spending, according to CTR. China advertising market vs online ad market Advertisers of large enterprises with a budget of 500 million yuan or more are more confident in digital marketing spending. In […]
Kantar BrandZ Top 100 Most Valuable Chinese Brands grew by 57% year-on-year in 2021 to reach a total value of more than $1.56 trillion up from $996 billion in 2020.
With China’s increasing domestic consumption demand, new domestic makeup brands are emerging and are introducing new product lines at a rapid pace, hoping to capture more market share vis-à-vis multinational brands. At the same time, the Generation Z consumer base is growing, driving the concept of Fashion Makeup to evolve. Under these changing market conditions, […]
CIW Dossier “China E-Commerce” is compiled to provide statistical information about China’s e-commerce market including online retail, cross-border e-commerce, e-commerce users, and mobile shopping apps. If you need an overall insight into China’s e-commerce market, this is what you should read. Released in: Jun 2019 Latest version: July 2021 Total pages: 71 Format: PDF Price: […]
Forbes China and Russell Reynolds Associates jointly released the Best Employers 2021 ranking.
CIW Dossier “China 618 Shopping Festival” provides a perspective of the merchants regarding the performance, advertising budget, and sales expectations from the top e-commerce platforms for 618 shopping festival. First release: June 2021 Total pages: 30 Format: PDF Price: US$100.00 or CIW Premium subscribers Access Level: All CIW Premium subscribers China Online Retail Market Trends […]
Weigh, decompose different raw materials, put the test materials into the machine experiment, and explain the food heat in a few short sentences. This is the consistent routine of Dr. Dika (Low Calorie)’s short video creation. Since its operation in 2019, Dr. Dika has created hundreds of small video clips, attracting nearly 2 million followers […]
CIW Dossier “China Social E-Commerce” is compiled to provide four business models and statistical information about China’s social e-commerce market. Four social e-commerce models: group buying, membership, community-based, content-driven. First release: 2019 Updated in: April 2021 Total pages: 30 Format: PDF Price: US$250.00 or CIW Premium subscribers Access Level: All CIW Premium subscribers Types of […]
Douyin, TikTok’s Chinese platforms, saw its Q1’s DAU peak on Chinese New Year’s Eve, February 11th, when the main platform DAU reached 580 million, according to Tencent News. The DAU of Douyin Lite and Douyin Huoshan exceeded 100 million, which indicates that a combined DAU of all Douyin platforms could reach about 700 million. According […]
Each of the biggest influencer community platforms, including Weibo, Douyin (TikTok’s Chinese version), Kuaishou (Kwai’s Chinese version), and Xiaohongshu, has its own characteristics and features, which also come from the differences in terms of KOL follower bases. Top 10,000 KOLs by Total Followers Weibo: after years of operation and user retention, all of the Top […]
Douyin (Chinese version of TikTok; referred as TikTok below) has a GMV target of 200 billion yuan for its live-streaming e-commerce channel in 2020 according to Chinese media 36Kr. In 2017, after the overnight success of TikTok, its parent company ByteDance immediately developed its e-commerce advertising system “Luban”, and officially integrated in June 2018 the […]