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tic tok / pop
pop
.
10 mins
then up we go
surely this will pop now
Too many US investors in the frame to let this go south. Jobs......10,000 if deal can be done. Data already in US, so Bill needs to get this deal done and mitigate data/security concerns. Too much data already held by Bytedance for deal not to be done. Then sell back to India......DT is many things, but he's an astute businessman.............foregone conclusion IMHO. US jobs needed. Very high risk. DYOR.
You could be right Suey.....I just took numbers from the directors holdings only off the site.
Regards
Don't know if i got this right, but.... in last RNS under Major Interests in Shares: this adds up to over 65m shares. So this would mean circa 19m shares in free float?
new york post and new york times both state Bytedance wants to sell the US side of the business
monday morning is gonna be mad GLA
Tomorrow will certainly be interesting. Lots of media speculation, “will they or won’t they”?
Irrespective, if folk pick up on it , this has real potential to make people money.
That being said and I must reiterate, DYOR
This is high risk!!!!
Fag pack cals: $1M USD in May 2019 has grown. We don't have share numbers, but lets say value now £1.2M (GBP). Lets say Bytedance sell for 50X our investment......................... thats £60M (depends on Mircrosoft). Ten bag from here?.....70p?
Only 51M shares in free float. Directors own circa 40% of WSL. Potential to go mental Monday morning. IMHO DYOR.
List of Overseas Products
• Vigo Video/Hypster/Flipagram: Merged with TikTok.
• TopBuzz
• News Republic
• Lark: Productivity tools like G Suite.
• Helo: Micro-blogging for India.
• BaBe: News-feed for Indonesia.
• Resso: Streaming services for Southeast Asia.
• Peoople: Social recommendation by friends and KOLs.
• Sharee: Interest-feed for Japanese market.
ByteDance Ltd.
Type - Privately held company
Industry - Internet
Founded - March 2012; 8 years ago
Founder - Bashar AlHrbat
Headquarters -Haidian District, Beijing, China
Area served - Worldwide
Key people –
Zhang Yiming, Chairman & CEO
Kevin A. Mayer, COO
Lidong Zhang, Chairman of ByteDance China
Nan Zhang, CEO of ByteDance China
Products
Toutiao
TikTok / Douyin
BuzzVideo
Vigo Video
Helo
Revenue - Increase CN¥140 billion (US$20 billion, 2019)
https://www.bytedance.com/en/
Toutiao
The first version of Toutiao was launched in August 2012, five months after Zhang founded ByteDance. Toutiao hit 1 million daily active users four months after its launch.
In January 2014, the company created the "Toutiaohao" (???) platform to attract more PGC (professionally generated content) and UGC (user generated content) creators; and later in the year, added video capabilities. Toutiao used interest-based and decentralized distribution to help long-tail content creators find an audience. An often cited example is "Zhuguan Baba" (????), a young pig farmer in Northern China whose posts on how to raise pigs attracted millions of readers on Toutiao.
In February 2016, a missing person alerts project was started on the Toutiao platform. As of June 2020, the alerts have helped find 13,116 missing persons.
In August 2019, Bytedance launches Toutiao Search as a part of its Toutiao portal – a news aggregator.
Other products
In August 2015, ByteDance launched TopBuzz, a content platform for videos, articles, breaking news and GIFs in the U.S. and later in Brazil in 2016. ByteDance launched PGC short video platform TopBuzz Video in Japan in September 2016. In October 2016, ByteDance invested in India's largest vernacular content aggregation platform Dailyhunt. In December 2016, ByteDance invested in the Indonesian news recommendation platform BABE.
In February 2017, ByteDance acquired Flipagram. In July 2017, ByteDance launched their UGC short video platform Hypstar (Vigo Video) in Southeast Asia. In November 2017, ByteDance acquired global news app News Republic and global lip-sync video community musical.ly. In November 2019, it was reported that the Committee on Foreign Investment in the United States had opened an investigation into ByteDance regarding its acquisition of musical.ly on national security grounds after it dissipated from TikTok on August 2, 2018. The app now takes on the TikTok name.
In November 2017, ByteDance acquired News Republic from Cheetah Mobile. ByteDance also started Gogokid in 2018, an online English learning platform for children that provides one-on-one classes with native English speakers.
In December 2019, ByteDance began a test release of its music streaming app Resso in India and Indonesia. On March 4, 2020, the company officially launched the app, which it described as a "social music streaming app". Resso allows users to highlight and share lyrics, comments and other user-generated content with each other alongside streaming of full-length tracks. Resso says that it has licensing agreements in place with Warner Music Group, Sony Music Entertainment, Merlin and Beggars Group, among others.
In April 2020, the Cyberspace Administration of China ordered ByteDance to take down its office collaboration tool called Feishu because it could be used to circumvent internet censorship
All research is sourced from the net.
ByteDance Ltd. is a Chinese multinational internet technology company headquartered in Beijing.It was founded by Zhang Yiming in 2012. ByteDance is reportedly worth over US$100 billion as of May 2020.
ByteDance's core product, Toutiao ("Headlines"), is a content platform in China and around the world. Toutiao started out as a news recommendation engine and gradually evolved into a platform delivering content in various formats, such as texts, images, question-and-answer posts, microblogs, and videos.
ByteDance is the developer of the video-sharing social networking service Douyin (TikTok). On November 9, 2017, ByteDance acquired social media start-up Musical.ly for up to US$1 billion. They combined it with TikTok on August 2, 2018 into a single global application, keeping the TikTok name.
As of November 2018, ByteDance had over 800 million daily active users (over 1 billion accumulated users) across all of its content platforms. The company was valued at $78 billion and is considered one of the most valuable unicorns in the world. The company has an internal committee of the Chinese Communist Party as well as strategic partnerships with Chinese Communist Party-supported ventures in Beijing and Shanghai. ByteDance is backed by Kohlberg Kravis Roberts, SoftBank Group, Sequoia Capital, General Atlantic, and Hillhouse Capital Group. It has garnered public attention over allegations that it worked with the Chinese Communist Party to censor and surveil content pertaining to Xinjiang re-education camps and other topics the Party deemed controversial.
On 19 May 2020, ByteDance and Disney released an announcement that Kevin Mayer, head of Disney's streaming business, would join ByteDance. Since 1 June 2020, Mayer has been serving as the CEO of TikTok and the COO of ByteDance, reporting directly to the company CEO Zhang Yiming.
Products
Neihan Duanzi
In March 2012, ByteDance launched its first app called Neihan Duanzi (????). This app allowed users to circulate jokes, memes, and humorous videos. At its peak, Neihan Duanzi had over 200 million users in 2017.
On 10 April 2018, ByteDance permanently sunsetted Neihan Duanzi, as the National Radio and Television Administration accused Neihan Duanzi of hosting "vulgar" and "improper" content and "triggering strong sentiments of resentment among internet users". In response to Neihan Duanzi's shutdown, founder Zhang Yiming issued a letter stating that the app was "incommensurate with socialist core values" and promised that ByteDance would "further deepen cooperation" with the authorities to promote their policies. Following the shutdown, ByteDance announced that it would give preference to Chinese Communist Party members in its hiring and increase its censors from 6,000 to 10,000 employees.
TikTok hits back as Trump threatens to ban app in US http://news.sky.com/story/tiktok-hits-back-as-trump-threatens-to-ban-app-in-us-12040588
Oh yes, thats great news that Tik Tok have no choice but to sell, because of course Microsoft will offer them the full value of their us operations even though they legally must sell regardless of price
Yeah it is looking good with microsoft involved seems like tik tok have no choice
https://www.theguardian.com/technology/2020/aug/01/tiktok-ban-china-bytedance-divest-microsoft
Please ignore previous post
Think with the purchase of the US version of TikTok by Microsoft we’ll find out the the astronomic value of TikTok to Bytedance. Remember they bought it for $1bn I wonder how much they will sell the US rights for? We’re about to find out.
Our indirect holding in Bytedance seems a shrewd investment and it time the company gave us an update to its value. You can bet it’s more then $1m!
"Microsoft shares do a little jig on possible TikTok acquisition"
Microsoft Corp. MSFT, +0.54% shares rose slightly Friday after multiple media reports that it is in talks to buy TikTok because President Donald Trump is set to order the dance app’s Chinese owner, ByteDance, to divest its ownership of TikTok’s U.S. operations.
With a £6m mcap, is there further upside here?.... instincts say yes
"So far, TikTok is the most downloaded app of the year. Since its global release less than two years ago, TikTok and its Chinese counterpart, Douyin, have amassed 800 million monthly active users, more than Reddit, Snapchat or Twitter. Its parent company, China-based ByteDance, is the most valuable private tech company in the world".
For me it was worth the small investment, it may come to nothing, it may come to something.
The information below was from the latest report, 5 min purview and it's there, I will research more throughout the weekend, if others have more please share it with me.
Many thanks