OverviewSuggest Edit

ByteDance is a technology company operating a range of content platforms that inform, educate, entertain, and inspire people. Its main products are TikTok, Helo, Vigo Video, Douyin, and Huoshan.

TypePrivate
Founded2012
HQBeijing, CN
Websitebytedance.com
Overall CultureA+

Latest Updates

Employees (est.) (Apr 2019)30,000
Revenue (Y, 2019)$17.2 B(+133%)

Key People/Management at ByteDance

Yiming Zhang

Yiming Zhang

Founder, CEO, and Chairman of the Board
Jerome Le Feuvre

Jerome Le Feuvre

Head of Development and Operations for Europe
Kevin Mayer

Kevin Mayer

COO
Wei-Ying Ma

Wei-Ying Ma

VP
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ByteDance Office Locations

ByteDance has offices in Beijing, Shanghai, Culver City, San Francisco and in 31 other locations
Beijing, CN (HQ)
43 N 3rd Ring Rd W, ShuangYuShu, Haidian Qu
Shanghai, CN
No.331 North Caoxi Road, Xuhui District, CCIG International Plaza
Sao Paulo, BR
Av. Pres. Juscelino Kubitschek
Berlin, DE
Kemperplatz
Tokyo, JP
Nishi-Shinjuku, Shinjuku-ku
Seoul, KR
Jung-gu
Show all (36)

ByteDance Financials and Metrics

Summary Metrics

Founding Date

2012
ByteDance's latest valuation is reported to be $75 b.
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ByteDance Revenue

ByteDance's revenue was reported to be $17.2 b in Y, 2019 which is a 132.4% increase from the previous period.
USD

Revenue (Q1, 2020)

5.6b

Market valuation

75.0b
Annual
USDY, 2017EY, 2018Y, 2019E

Revenue

2.5b7.4b17.2b

Revenue growth, %

196%132%

Net Income

3.0b
Quarterly
USDQ1, 2020

Revenue

5.6b
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ByteDance Operating Metrics

ByteDance's Monthly Active Users was reported to be 1.5 b in Jul, 2019. ByteDance's Daily Active Users was reported to be 700 m in Jul, 2019.
Jul, 2019Sep, 2020

Daily Active Users

700 m

Markets

150

Monthly Active Users

1.5 b

Products

7
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ByteDance Acquisitions / Subsidiaries

Company NameDateDeal Size
Wuhan Hezhong Yibao TechnologyAugust 28, 2020
BaikemyAugust 13, 2020$72 m
LevelupAIJanuary 10, 2020
Mokun TechnologyMarch 18, 2019
News RepublicNovember 08, 2017$86.6 m
ByteDance Inc (HK) Limited (HK)
ByteDance Inc (US)
ByteDance Pte Ltd (Singapore)
Lark Technologies Ltd (Cayman)
Lark Technologies Pte Ltd (Singapore)
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ByteDance Online and Social Media Presence

Embed Graph

ByteDance Company Culture

  • Overall Culture

    A+

    95/100

  • CEO Rating

    A+

    100/100

  • Compensation

    A+

    100/100

Learn more on Comparably

ByteDance News and Updates

ByteDance CFO assumes role as new TikTok CEO

Eight months after former TikTok CEO Kevin Mayer quit in the midst of a full-court press from the Trump administration against the Chinese-owned social media giant, TikTok finally has a new permanent leader. ByteDance’s recently hired CFO Shouzi Chew will be assuming the role as TikTok CEO while sti…

ByteDance is building a new BytePlus division to sell the systems underpinning TikTok's wild success to other companies

Summary List PlacementTikTok's parent company, ByteDance, is preparing to sell the tech underpinning its wildly popular video app as business-to-business products, and is hiring to do it. BytePlus, the newly launched arm of the company, offers products such as visual effects based on ByteDance's e…

Bytedance Denies IPO Rumors, Lifting Rivals

Key News Asian equities had a mixed start to the week as India and Taiwan outperformed.

ByteDance seeks to launch payments platform to take on Ant Group

The development of the three core components of the platform, including payment processing, insurance selling, and securities trading, has been completed.

Report: ByteDance aims to grow ecommerce biz by over 3x in 2021

The tech titan is also looking to grow its advertising sales in China by 42% this year.

ByteDance Kicks Off IPO Prep for China’s Most Popular Video App

ByteDance Kicks Off IPO Prep for China’s Most Popular Video App
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ByteDance Frequently Asked Questions

  • When was ByteDance founded?

    ByteDance was founded in 2012.

  • Who are ByteDance key executives?

    ByteDance's key executives are Yiming Zhang, Jerome Le Feuvre and Kevin Mayer.

  • How many employees does ByteDance have?

    ByteDance has 30,000 employees.

  • What is ByteDance revenue?

    Latest ByteDance annual revenue is $17.2 b.

  • What is ByteDance revenue per employee?

    Latest ByteDance revenue per employee is $573.3 k.

  • Who are ByteDance competitors?

    Competitors of ByteDance include Baidu, Kuaishou and YouTube.

  • Where is ByteDance headquarters?

    ByteDance headquarters is located at 43 N 3rd Ring Rd W, ShuangYuShu, Haidian Qu, Beijing.

  • Where are ByteDance offices?

    ByteDance has offices in Beijing, Shanghai, Culver City, San Francisco and in 31 other locations.

  • How many offices does ByteDance have?

    ByteDance has 36 offices.