Tag: Bytedance

Related Posts

China-Linked Platforms Gain Ground in Southeast Asia, With Vietnam Leading the Next Phase of Growth

Chinese e-commerce companies are solidifying their dominance of Southeast Asia's rapidly expanding online shopping market, accounting for as much as half of business-to-consumer e-commerce, according to a new study by the consulting firm Bain. While Indonesia, Thailand, and the Philippines ...

Indonesia Lifts TikTok License Suspension as App Shares Data

Indonesia lifted its suspension of TikTok's local operating license after the social media platform shared data requested by the government about recent protests, the Ministry of Communication and Digital Affairs said. Indonesia has the second-largest audience on TikTok, owned by China's ByteDance, ...

Indonesia Fines TikTok Over Late Tokopedia Acquisition Notice

Indonesia's antitrust agency has fined TikTok $900,000 for failing to notify regulators in time about its acquisition of e-commerce platform Tokopedia, an official said on Monday. TikTok, owned by China's ByteDance, completed an $840 million deal in January 2024 to acquire ...

Brazil’s Lula Clinches Deals in Beijing

Brazil announced a currency swap agreement with the People's Bank of China for $27.69 billion over five years. The announcement comes as $4.5 billion in trade and investment deals were signed. These include a $881.6 million deal for the delivery service Meituan ...

TikTok to Invest $8.8 Billion in Thailand Over Five Years

TikTok plans to invest $8.8 billion in Thailand over the next five years, focusing on digital infrastructure, workforce development and online safety initiatives, a senior executive said Friday after talks with the government. The social media platform owned by China's ByteDance ...

Analysis from Cobus van Staden

The Pain of Un-Polarity

“THE G2 WILL BE CONVENING SHORTLY!”
This post by U.S. President Donald Trump in the run-up to his meeting with Chinese President Xi Jinping last week may end up leaving a more lasting mark than the actual summit he attended.

Get a daily email packed with the latest news and analysis from Africa, Asia, and across the Global South.
Read exclusive insights on the key trends shaping ...

Nvidia Teams Up With Vietnam on AI Amid U.S.-China Tensions

Nvidia, the U.S. maker of advanced computer chips, signed an agreement to set up an advanced research and development center dedicated to artificial intelligence in Vietnam. Jensen Huang, founder and CEO of Nvidia said in a statement: “We are delighted to open ...

TikTok Stops Working in Kyrgyzstan After Ban Proposals

Kyrgyzstan appears to have blocked TikTok after the Central Asian country's security services called to restrict the social media app to "protect children". When AFP journalists in the country tried to access TikTok on Thursday, a message read: "Unable to load, ...

The State of Chinese Tech in Africa With Benjamin Dada

For much of the past ten years, Chinese technology in Africa focused largely on devices and infrastructure. But today, the conversations also include issues related to governance, online services, and the emergence of artificial intelligence. ...

ByteDance Shuts Down Free African Messaging App That Failed to Challenge WhatsApp

Chinese tech firm ByteDance shut down its three-year-old multimedia messaging app LetsChat earlier this month, a rare defeat for the social media giant that hoped the platform would take off among Africa’s ballooning youth population. In contrast to TikTok, ByteDance’s short ...

TikTok’s Growing Popularity in Africa

Africa has the youngest population in the world, and they are rapidly warming to TikTok, the social media platform developed by the Chinese tech giant ByteDance.  With its popular short videos and music with various features, TikTok is taking off in ...

Southeast Asia is Testing TikTok’s Limits

ByteDance’s TikTok is learning some very valuable lessons from the past few weeks: overconfidence is bad, and a new level of creativity might be in order if it wants to keep up with Southeast Asia’s policy quirks. Charm alone is not enough in this part of the ...

Tiktok Moves into E-Commerce, Music Streaming Across the Global South

Bytedance, the parent company of the Chinese social media giant TikTok, is racing to expand its business into e-commerce and other fields, in a bid to mimic the success of other Chinese e-commerce giants like Shein. The platform’s TikTok Shop, which allows ...
Page 1 of 212