ByteDance

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
Employee Ratings4.1
Overall CultureA+

Latest Updates

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

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 Cybersecurity Score

Cybersecurity ratingPremium dataset

D

66/100

SecurityScorecard logo

ByteDance Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

ByteDance Online and Social Media Presence

Embed Graph

ByteDance Company Culture

  • Overall Culture

    A+

    91/100

  • CEO Rating

    A+

    85/100

  • Compensation

    A+

    89/100

  • Diversity

    A+

    92/100

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ByteDance News and Updates

TikTok-owner ByteDance used news app to push pro-China messages, say ex-employees

Former employees of ByteDance have claimed the company used its now-defunct news app TopBuzz to push pro-China messages, new report says

Worldwide Social Video Growth Opportunities 2022 - Featuring ByteDance, Kuaishou, Meta and Alphabet

Dublin, July 21, 2022 (GLOBE NEWSWIRE) -- The "Global Social Video Growth Opportunities" report has been added to ResearchAndMarkets.com's offering. Social videos are short recordings (between 15 seconds and 3 minutes) designed specifically for social media platforms. Social videos primarily serve…

TikTok owner ByteDance explores self-designed chips as China aims for semiconductor self-sufficiency

ByteDance's semiconductor push highlights a focus from firms to create chips for specific purposes as well as China's desire to become stronger in this tech.

ByteDance to launch Instagram-like app in China

Kesong will compete with local Instagram-inspired platform Xiaohongshu, which has over 200 million monthly active users, South China Morning Post reported.

TikTok Co-Founder Quits ByteDance After Edtech Experiment Flop

One of TikTok’s original creators has left its Chinese parent company ByteDance Ltd. after Beijing’s year-long regulatory crackdown scuppered an expansion into gaming and education.

ByteDance Disbands Shanghai Games Studio in Expansion Setback

ByteDance Ltd. has shut down a game development studio it acquired just three years ago, slashing more than a hundred jobs in a major setback for its quest to challenge Tencent Holdings Ltd. in mobile gaming.
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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 Hyperconnect, Baidu and Kuaishou.

  • 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.