Entity: BYTEDANCE
ByteDance is a Chinese multinational internet technology company known for popular social media apps like TikTok and Douyin. Founded by Zhang Yiming in 2012, ByteDance has become one of China's most prominent consumer app factories.
BYTEDANCE
Etymology
The name ByteDance is derived from the Chinese characters '字节跳动' (Zìjié Tiàodòng).
Definition
ByteDance is a Chinese multinational internet technology company known for popular social media apps like TikTok and Douyin. Founded by Zhang Yiming in 2012, ByteDance has become one of China's most prominent consumer app factories.
Historical Context
Established in 2012, ByteDance has rapidly grown to become a leading player in the global tech industry, with a reported valuation of over US$100 billion as of May 2020.
Cultural Significance
ByteDance is behind social media apps such as TikTok, Douyin, and Toutiao, which have gained immense popularity worldwide, shaping modern digital culture.
Related Concepts
ByteDance is often associated with other tech giants in the social media and internet technology sector, such as Facebook, Google, and Tencent.
See Also
A Chinese internet technology company that owns popular social media apps such as TikTok and Douyin, founded in 2012 by Zhang Yiming.