ByteDance

The Chinese company owns TikTok and Toutiao, the AI news aggregator. It is the most valuable start-up in the world, valued at $75 billion.

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The Basics

ByteDance, founded in 2012 by Zhang Yiming, is best known today for TikTok, its breakout short video sharing app.

Before TikTok, however, Zhang created the hugely popular AI news aggregator Toutiao, which creates a personalized news feed for users based on their reading history and personal interests.

Relevant People

Zhang Yiming is the 36-year-old founder and CEO of ByteDance

Go deeper

The story behind Toutiao, China's most popular news app

August 12th