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Founded Year



Secondary Market | Alive

Total Raised




Last Raised

$100M | 9 mos ago



About ByteDance

ByteDance offers a range of content platforms. The company's main services include providing platforms to inform, educate, entertain, and inspire people across languages, cultures, and geographies. It primarily serves the entertainment and commerce sectors. It was founded in 2012 and is based in Beijing, China.

Headquarters Location

43 North 3rd Ring West Road Room 503 5F Building 2

Beijing, Beijing, 100098,




Expert Collections containing ByteDance

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

ByteDance is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.


Unicorns- Billion Dollar Startups

1,228 items


AI 100

99 items

Winners of CB Insights' annual AI 100, a list of the 100 most promising AI startups in the world.


Artificial Intelligence

10,987 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

ByteDance Patents

ByteDance has filed 835 patents.

The 3 most popular patent topics include:

  • video compression
  • video codecs
  • videotelephony
patents chart

Application Date

Grant Date


Related Topics




Video compression, Video codecs, Videotelephony, Video acceleration, Lossy compression algorithms


Application Date


Grant Date



Related Topics

Video compression, Video codecs, Videotelephony, Video acceleration, Lossy compression algorithms



Latest ByteDance News

TikTok takes first steps in turning on Norwegian data centre

Dec 1, 2023

The Norwegian data centre will be in the town of Hamar where TikTok will store data spread over three buildings. PHOTO: REUTERS Updated HAMAR, Norway - TikTok has taken possession of a facility in Norway built by data centre group Green Mountain AS which will become the social media company’s largest in Europe as it seeks to store data generated in the region locally. The company, owned by China-headquartered ByteDance, has been trying to address concerns over whether the Chinese government could access the data of European citizens who use TikTok. Several countries, the European Parliament, European Commission and others have banned TikTok from staff phones due to those concerns. “We understand the skepticism. And that’s precisely why we are not just doing the step of putting the data in Europe, building that digital barrier around it,” Dr Theo Bertram, TikTok’s vice-president of government relations and public policy, told Reuters. “We are taking the extra step of saying we know you’re skeptical about us, and so we know we have to earn that trust.” TikTok in March launched a data security regime called Project Clover to build data centres and store European user data locally. The Norwegian data centre will be in the town of Hamar where TikTok will store data spread over three buildings and the first phase will start operating from next summer. The Norway data centre will run completely on renewable energy and generate heat that could be re-used. TikTok said a third-party provider is talking with multiple industries and research institutions for potential projects that can benefit from this level of heat re-use. TikTok said it plans to spend 12 billion euros (S$17 billion) over the next 10 years for Project Clover. It had earlier announced plans to spend 1.2 billion euros annually. This will cover the cost of building three data centres, the implementation of privacy enhancing technologies and for employing British cybersecurity firm NCC to audit its data controls and provide independent verification. “One of the things in the contract with NCC is they can go and talk to data protection authorities, talk to national cyber security organisations, without us being involved,” Dr Bertram said. REUTERS More On This Topic

ByteDance Frequently Asked Questions (FAQ)

  • When was ByteDance founded?

    ByteDance was founded in 2012.

  • Where is ByteDance's headquarters?

    ByteDance's headquarters is located at 43 North 3rd Ring West Road, Beijing.

  • What is ByteDance's latest funding round?

    ByteDance's latest funding round is Secondary Market.

  • How much did ByteDance raise?

    ByteDance raised a total of $7.44B.

  • Who are the investors of ByteDance?

    Investors of ByteDance include G42, China Internet Investment Fund, Tiger Global Management, UBS, Goldman Sachs and 30 more.

  • Who are ByteDance's competitors?

    Competitors of ByteDance include Chingari, Triller, Mitron, Bolo Indya, Trell and 7 more.


Compare ByteDance to Competitors


Trell is a community-based platform for discovering lifestyles through videos in Indian languages. Users create video collections showing their explorations, travel stories and food blogs and other users can then add these activities to their own bucket-list which sends a reminder if the user is near the location or activity.

Bolo Indya Logo
Bolo Indya

Bolo Indya is a video-based knowledge sharing platform. Bolo Indya enables users to create and consume short videos with a maximum duration of 70 seconds. Video subjects include life, relationships, career, motivation, finance, technology, sports, and more. The users can also interact with other content creators.

Chingari Logo

Chingari offers a social network platform in the Web3 domain. The company offers a short video application that allows users to create and share music videos, dialogue dubbing videos, funny videos, and dance videos. It primarily serves the social media and entertainment industry. It was founded in 2018 and is based in Bengaluru, India.

Triller Logo

Triller is an AI-powered music video app in the entertainment and technology industry. The company's main service allows users to create professional-looking videos in seconds, with a focus on music, and share them across various social media platforms. Triller primarily caters to the social media and entertainment sectors. It was founded in 2015 and is based in Los Angeles, California.

TagMango Logo

TagMango operates as an online marketplace allowing celebrities to create short video content for their fans. It helps the influencer and creators to share their educational content and monetize their audience. It delivers courses, workshops, memberships, and communities to engage audiences. It was founded in 2019 and is based in Mumbai, India.

BeReal Logo

BeReal develops a social media application. The company's product enables users to share pictures in real-time without filters, followers, and likes. BeReal was founded in 2020 and is based in Paris, France.


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