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TikTok-owner ByteDance exits DailyHunt, Josh parent VerSe

TMT

02 June, 2022

TikTok-owner ByteDance exits DailyHunt, Josh parent VerSe

Chinese investor ByteDance has fully exited VerSe Innovation, the parent company of content aggregator DailyHunt and short video platform Josh. ......

ByteDance founder to step down as CEO, hand over to college roommate

People

20 May, 2021

ByteDance founder to step down as CEO, hand over to college roommate

Zhang Yiming will step down as chief executive of TikTok-owner ByteDance, leaving the task of navigating a rising number of ......

Court says ByteDance should deposit $11 mn in tax evasion case

TMT

06 April, 2021

Court says ByteDance should deposit $11 mn in tax evasion case

An Indian court on Tuesday said China's ByteDance must deposit around $11 million that federal authorities believe the company owes ......

ByteDance says it is 'bleeding' due to India bank account freeze, no relief from court

TMT

01 April, 2021

ByteDance says it is 'bleeding' due to India bank account freeze, no relief from court

An Indian court on Wednesday granted no relief to China's ByteDance, owner of the TikTok video app, in a case ......

Court grants no relief to ByteDance in tax evasion case

TMT

31 March, 2021

Court grants no relief to ByteDance in tax evasion case

An Indian court on Wednesday granted no immediate relief to China's ByteDance in a case where the company has challenged ......

ByteDance explores sale of Indian TikTok assets to rival firm Glance

TMT

15 February, 2021

ByteDance explores sale of Indian TikTok assets to rival firm Glance

China's ByteDance is said to be exploring the sale of the India operations of TikTok to rival unicorn Glance, Bloomberg ......

Seven months into TikTok ban, ByteDance to "scale back" India workforce

TMT

27 January, 2021

Seven months into TikTok ban, ByteDance to "scale back" India workforce

Beijing-headquartered internet conglomerate ByteDance on Wednesday said it would “scale back” its workforce in India, nearly seven months after its ......

How a marked-up term sheet and messy rollout threw TikTok deal into disarray

TMT

24 September, 2020

How a marked-up term sheet and messy rollout threw TikTok deal into disarray

As China's ByteDance raced to seal a deal with Oracle Corp and Walmart Inc to keep its video-sharing app TikTok ......

KKR raises over $11 bn for fourth Asia fund

Finance

16 September, 2020

KKR raises over $11 bn for fourth Asia fund

Private equity powerhouse KKR & Co has raised over $11 billion after the first close of its fourth Asia-focused fund, ......

Govt bans 118 more Chinese apps including Tencent's PUBG

TMT

02 September, 2020

Govt bans 118 more Chinese apps including Tencent's PUBG

India on Wednesday banned another 118 mobile apps including Tencent Holdings's popular videogame PUBG, as it stepped up the pressure ......