The markets took another nosedive this morning as I sat down to write this post, my coffee getting cold beside me while
ByteDance: The Chinese Tech Giant Behind TikTok’s Global Success Story
ByteDance is internationally acknowledged as the parent company of TikTok, a remarkably popular application. However, its foundational origins and operational strategies are firmly established in China. Established by Zhang Yiming in 2012, ByteDance has swiftly ascended to become one of China’s foremost technology giants, comparable to renowned companies such as Alibaba and Tencent. Its rapid emergence has prompted global discourse regarding its identity as a Chinese enterprise and the accompanying implications thereof. Origins and Development ByteDance was founded in Beijing, where it first gained recognition through the success of its news aggregation application, Toutiao. This app utilizes advanced algorithms to