Xiaohongshu, a mobile app featuring community social and lifestyle recommendations. At home, Douyin, TikTok’s sister app for mainland China, has spared no effort to develop its business to compete with Xiaohongshu, going so far as to set up a special “L” team. Overseas, it mainly focuses on Lemon8, extending from Japan to Southeast Asian markets.
At the beginning of 2020 in Japan, ByteDance took the lead in launching Sharee, a product similar t...

In September, Tiktok and overseas Tiktok won the first place in the global mobile application (non-game) revenue list for consecutive years. Among them, about 49.2% of the revenue comes from the Chinese version of Tiktok; The US market ranked second, contributing 16.6% of the revenue; Japan ranked third, accounting for 3.4%.
YouTube ranked second on the list with reven...

ByteDance subsidiary Douyin Group launched a new logo, and its account avatars on Douyin, TikTok’s sister app for mainland China, and on its official WeChat account have been replaced with new ones.
It was previously speculated that ByteDance was reconsidering plans to list Chinese businesses such as Douyin independently on Hong Kong Stock Exchange. Earlier this year, the Companies Registry (Hong Kong) website showed that Bytedance (HK) Limited had chan...