ByteDance market value

The market value of ByteDance in 2020 is estimated to be about $654.38+080 billion.

Beijing ByteDance Technology Co., Ltd. was established in March 20 12, and is an information technology company in Beijing. In 20021year, the annual operating income is about 58 billion US dollars, and the address is located at No.48 Zhichun Road, Haidian District, Beijing. The company's vision is to establish a "global creation and communication platform".

ByteDance's global layout began on 20 15, and "going out to sea through science and technology" is the core strategy of ByteDance's global development. Its products include today's headlines, watermelon videos, Tik Tok, Headline Encyclopedia, Pipi Shrimp, Car Master, Wukong Q&A and so on. ByteDance Artificial Intelligence Laboratory was established on 20 16 to explore the long-term and open issues in artificial intelligence related fields and help the company realize its future development vision.

Its self-developed "Today's Headlines" client intelligently recommends personalized information for users through massive information collection, deep data mining and user behavior analysis, and creates a brand-new news reading mode. On May 20th, 2002/KLOC-0, Zhang Yiming announced that he would step down as CEO of ByteDance, and co-founder Liang Rubo would take over. 202112. Liang Rubo released an employee email to announce the organizational adjustment and officially took over as CEO of ByteDance, taking full charge of the overall development of the company.

Company development process:

On March 20 12, Beijing ByteDance technology co., ltd was established.

2065438+In April 2008, ByteDance Company issued the following notice: After comprehensive comments, we finally decided to use the existing company name "ByteDance". In the future, please use the "ByteDance" brand in scenes that refer to the whole company. After that, "Today's Headline" will only exist as an information flow reading product of ByteDance Company.

20 12 August, ByteDance's flagship product Headline 1.0 went on sale today.

2065438+In March 2006, the artificial intelligence laboratory was established in ByteDance.

2065438+On August 8th, 2008, Beijing ByteDance Technology Co., Ltd. has launched a new round of equity financing, and the highest valuation of the company may reach 75 billion US dollars.

20 18, 10,124, ByteDance's Pre-IPO financing has been completed, with a pre-investment valuation of $75 billion.

From 2065438 to February 2009, the mini-game launched on ByteDance platform not only got the support of traffic, but also had the privilege of free channel fee and more favorable sharing ratio during the launch period. Judging from the existing distribution path, ByteDance's support for small games is also applicable to native App games.

On March 2019 18, ByteDance acquired a game company-Shanghai Mohuan Digital Technology Co., Ltd. to speed up the layout in the game field. ByteDance Co., Ltd. has become a silent holding company in Shanghai.

On April 25th, 20 19, the official Weibo of SmartisanOS updated the enterprise authentication information, and the authentication subject was changed from the original Hammer Technology (Beijing) Co., Ltd. to Beijing Dayan Aerospace Technology Co., Ltd. According to the investigation of The Paper, Beijing Dayan Aerospace Technology Co., Ltd. was once named Beijing Wanbubu Technology Co., Ltd., and its shareholder was Beijing Xingyun Chuangji Technology Co., Ltd., with ByteDance Co., Ltd. 100%.

2065438+June 2009, ByteDance acquired 30% equity of Hufu for 65438+260 million yuan, becoming the largest shareholder of Hufu.

June 20 19, there was not a headline product among the top ten domestic products. According to iResearch's domestic mobile APP index (based on the number of monthly independent devices), ByteDance's top product is Tik Tok, ranking 12, and the number of monthly independent devices increased by 2.4% to 407 million.

20 19165438+1October 15, hurun research institute released the third quarter hurun unicorn index of shimao strait 2019, and ByteDance was listed with a valuation of 500 billion yuan.