Bytedance Concept Stocks (BK1266) Stock Price, News, Quotes-Moomoo

1148.776
+69.188+6.41%

Trading Jul 22 10:17 CST

1153.639High1107.794Low

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Spinee

Jul 18 02:16

Douyin Local Life Internally Testing 'Shopping on the Way Price' Function

Douyin Local Life is testing a "Shopping on the Way Price" feature, allowing users to pay for group-buy orders and see other group-buy items within 1 km at prices below the regular rates, known as "Shopping on the Way, Exclusive Offer." This feature aims to attract more merchants to join Douyin Local Life and encourage users to make more purchases on Douyin through subsidies, enhancing Douyin's strategy of "store identifyin...

Spinee

Jun 25 01:13

Oracle Warns of Potential Impact from TikTok Ban

Oracle acknowledged in its annual report that a U.S. ban on TikTok could negatively affect its business. President Biden has demanded that TikTok's owner, ByteDance, sell the app within nine months to avoid a ban due to concerns about user data being accessed by China.
Oracle provides cloud services for TikTok, which has over 150 million U.S. users. If these services are disrupted, Oracle's revenues and profits could suffer. This concern dates bac...

Spinee

Jun 24 03:28

Nasdaq Ramps Up Scrutiny of Small-Cap IPOs From China, Hong Kong.-Bloomberg
$Cainiao Smart Logistics Network Limited(810537.HK)$ $Ant Financial Concept(LIST0362.SH)$ $Ant Group Related(LIST1287.HK)$ $BABA-SW(09988.HK)$ $Alibaba(BABA.US)$ $ByteDance(FT0001)$ $Bytedance Concept Stocks(LIST1266.HK)$ $KraneShares CSI China Internet ETF(KWEB.US)$

Spinee

Jun 19 06:52

FTC Refers TikTok Complaint to Justice Department

- The Federal Trade Commission (FTC) referred its complaint against TikTok and its parent company, ByteDance, to the U.S. Department of Justice (DOJ).
- The investigation stems from a 2019 settlement with Musical.ly, TikTok's predecessor, over violations of the Children's Online Privacy Protection Act (COPPA).
- The FTC believes TikTok may be violating or about to violate federal laws prohibiting unfair and deceptive business practices.
- TikTok C...

Spinee

Jun 13 21:35

ByteDance to Lay off 450 Staff in Indonesia after TikTok Merges with Tokopedia

Following TikTok Shop's merger with Indonesian rival Tokopedia in January, Bloomberg quoted sources as saying that the Indonesian e-commerce department of ByteDance, TikTok's parent company, will unroll its first round of layoffs, involving about 450 jobs.
It is reported that the job cut will begin this month at the earliest, and the number of employees involved is equivalent to about 9% of the total number of employe...