ByteDance – The paper fuel business magazine uk

25Feb

General Atlantic Sells ByteDance Stake in $550 Billion Valuation Deal

Investment firm General Atlantic is selling an equity stake in ByteDance in a deal that values the Chinese social media giant at $550 billion, two people with knowledge of the…

23Jan

ByteDance finalizes US-majority TikTok deal to avert ban

Washington: TikTok's Chinese owner, ByteDance, on Thursday said it has finalized a deal to establish a majority American-owned joint venture that will secure U.S. data, to avoid a U.S. ban…

31Dec

ByteDance to Spend $14.3bn on Nvidia AI Chips in 2026, SCMP reports

ByteDance plans to spend about 100 billion yuan ($14.29 billion) on artificial intelligence chips from Nvidia in 2026, a hefty increase from roughly 85 billion yuan in 2025, if the…

19Dec

ByteDance strikes deal to shift TikTok U.S. control to American investors, averting ban

TikTok's Chinese owner ByteDance signed binding agreements to form a joint venture that will hand control of operations of TikTok's U.S. app to American and global investors, in a big…