In 2020 ByteDance bought nine companies in fields ranging from entertainment and advertising to education and health care. Photo: AFP
In 2020 ByteDance bought nine companies in fields ranging from entertainment and advertising to education and health care. Photo: AFP

ByteDance was China biggest tech deal maker in 2020 as education, health care boost overall value of tech investments

  • Out of 604 acquisitions in China’s new economy sector, ByteDance led with nine deals in fields ranging from entertainment to health care
  • The next three most active tech deal makers were Tencent Holdings, JD.com and Alibaba Group Holding, with eight, six and five acquisitions respectively

In 2020 ByteDance bought nine companies in fields ranging from entertainment and advertising to education and health care. Photo: AFP
In 2020 ByteDance bought nine companies in fields ranging from entertainment and advertising to education and health care. Photo: AFP
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