It’s far from peanuts30 Jul 2020 16:47
During the year under review, the Group made a new investment in an internet technology company called Beijing ByteDance Technology Co. Ltd. ("ByteDance") " 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.