ByteDance owns both TikTok and Douyin, and although TikTok has more users around the world, Douyin is the company’s cash cow and a China mainstay. By Claire Fu and Daisuke Wakabayashi Reporting from ...
Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook ByteDance’s short video app Douyin (TikTok outside China) noted that users spent RMB 1.41 trillion ...