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
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

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