ByteDance

Beijing, China Founded: 2012 • Age: 14 yrs
Short-form video and content discovery platforms are developed.
Annual revenue $22.0M Latest available
Total funding $6.1B 10 rounds
Employees - Tracked headcount
Investors 21 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About ByteDance

ByteDance is a company based in Beijing (China) founded in 2012 by Rubo Liang and Zhang Yiming. ByteDance has raised $6.11 billion across 10 funding rounds from investors including Citi, Goldman Sachs and Barclays. ByteDance has completed 19 acquisitions, including Amcare, Baike and Beijing Baike Kangxun Technology. ByteDance operates in a competitive market with competitors including Bending Spoons, OnMobile, STRACT, A23 Labs and Tubazy, among others.

  • Headquarter Beijing, China
  • Founders Rubo Liang, Zhang Yiming
  • Stage Decacorn
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Bytedance (India) Technology Private Limited
  • Date of Incorporation 17 Oct, 2017
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $21.99 M (USD)
    -30.66
    as on Mar 31, 2024
  • Net Profit
    $310.75 K (USD)
    -69.18
    as on Mar 31, 2024
  • EBITDA
    $4.14 M (USD)
    -43.74
    as on Mar 31, 2024
  • Total Equity Funding
    $6.11 B (USD)

    in 10 rounds

  • Latest Funding Round
    Not available
  • Investors
    Citi

    & 20 more

  • Employee Count
    Not available
  • Investments & Acquisitions
    Amcare

    & 18 more

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People of ByteDance

Headcount 10000+
Employee Profiles 161
Board Members and Advisors 5
Employee Profiles
People
Peter Lin
Staff Research Scientist
People
Melody Yuan
Global BDR
People
Jialong Zhang
Research Scientist
People
Alvin Liu
Sales Director

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Board Members and Advisors
people
Philippe Laffont
Board Member
people
Arthur Dantchik
Board Member
people
Yiming Zhang
Co-Founder
people
William E. Ford
Board Member

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Funding Insights of ByteDance

ByteDance has successfully raised a total of $6.11B across 10 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in ByteDance

ByteDance has secured backing from 21 investors, including institutional and venture fund investors. Prominent investors backing the company include Citi, Goldman Sachs and Barclays.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multiple sectors are invested in by this private equity firm.
Locked Locked Locked
Investment banking services are delivered across multiple financial sectors.
Locked Locked Locked
Private equity fund focused on global markets
Locked Locked Locked
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Investor details for ByteDance

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by ByteDance

ByteDance has strategically engaged in corporate development activities, having acquired 19 companies. Notable acquisitions include Amcare, Baike and Beijing Baike Kangxun Technology.

Investments
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Investment portfolio details for ByteDance

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Wireless earphones are provided online by Oladance.
Locked Locked 2022 Locked
No-code platform for enterprise application development is provided.
Locked Locked 2019 Locked
Photos are edited online using AI-powered functions and tools.
Locked Locked 2019 Locked
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Complete acquisition details for ByteDance

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - ByteDance

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Detailed financials for ByteDance

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Bytedance Comparisons

ByteDance Primary company
Description
Short-form video and content discovery platforms are develop...
Location
Beijing, China
Founded Year
2012
Annual Revenue
$21.99 M (USD)
Net Profit
$310.75 K (USD)
EBITDA
$4.14 M (USD)
Employees
Not available
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Peer comparison for ByteDance

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Competitors of ByteDance

ByteDance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bending Spoons, OnMobile, STRACT, A23 Labs and Tubazy, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Mobile applications and AI technologies are developed and operated.
Locked Locked Locked
Mobile content services, including music, are provided across APAC.
Locked Locked Locked
Provider of web and mobile app development services to business enterprises
Locked Locked Locked
Digital solutions provider
Locked Locked Locked
Develops innovative technologies for multi-category mobile applications.
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Detailed competitors of ByteDance

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Bytedance

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Complete news archive for ByteDance

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about ByteDance

ByteDance was founded in 2012.

ByteDance is headquartered in Beijing, China.

Rubo Liang is the current CEO of ByteDance. They have also founded this company.

ByteDance is a funded company, having raised a total of $6.11B across 10 funding rounds to date.

Annual revenue of ByteDance is $21.99M as on Mar 31, 2024.

ByteDance was founded in 2012 in Beijing, China, within the technology sector focused on social media and content. Platforms enabling users to create, share, and discover short-form videos are operated globally. Content discovery systems are provided, alongside video editing tools and enterprise solutions for various applications. Operations emphasize digital content distribution and user engagement across international markets.

ByteDance's top competitors include Bending Spoons, OnMobile and STRACT.

ByteDance has made 19 acquisitions, including Amcare, Baike, and Beijing Baike Kangxun Technology.

ByteDance has 21 investors. Key investors include Citi, Goldman Sachs, Barclays, HSBC, and UBS.

The valuation of ByteDance is $220B as of Mar 2023.

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