ByteDance is a technology company that owns and operates machine learning content platforms that allow users to connect in communities, create and share contents.
Zhang Yiming founded ByteDance on March 9, 2012 in Beijing, China. Its flagship product is Toutiao, an artificial intelligence powered platform delivering personalized content recommendations for its users. It also operates a series of products for mobile users including Topbuzz, Flipagram and other user-generated content short-form video applications.
ByteDance acquired musical.ly, a global video community that celebrates creativity through the combination of short videos and music.
It was reported in December 2018 that ByteDance is in talks to raise about $1.45 billion (9.97billion yuan) to invest in artificial intelligence and media content.
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