Hisense, Alipay and Vivo are among the 10 major sponsors of the Uefa European Championships that kick off on Friday and run until July 11 across the continent.

The US operations of TikTok and WeChat remain at risk, as the Biden administration directed a review of security concerns posed by these popular apps.

Regulators say there have been beaches of consumer rights with some platforms operating outside permitted business areas.

TikTok plans to open a European Transparency and Accountability Centre in Ireland next year after EU consumers groups filed complaints about the ByteDance short video app over privacy and security concerns.

ByteDance’s Douyin has adopted a feature that helped rival Tencent grow WeChat into China’s most-used super app, as the TikTok owner looks for ways to expand beyond short videos into a social and lifestyle platform.

TikTok owner ByteDance’s e-commerce drive is benefiting from the popularity of live-streaming campaigns and China’s antitrust crackdown in the internet sector.

TikTok and Douyin owner ByteDance faces difficulties in restructuring to meet US and China regulations, sources said, while demands from various stakeholders also complicate the company’s plan to go public.

Tech unicorn ByteDance is stepping up its efforts in China’s local services market through short video platform Douyin, the sister app of TikTok.

TikTok owner ByteDance says it has no immediate listing plans, scotching media speculation.

ByteDance put another US$15 million into Chinese gaming platform Reworld, through which users can make and play video games, in another bid against Tencent, which has the rights to rival platform Roblox in China through a joint venture.

ByteDance’s acquisition of Moonton in March increased the studio’s value sevenfold from a few months earlier and came after it cancelled a deal with Tencent, which has drastically increased gaming investments this year.

A ByteDance subsidiary has applied to trademark its own version of the doge emoji, following a similar move by Tencent two months ago, in the latest case of rivalry between the two Chinese internet giants.

Long-form video platform Tencent Video and short video service Weishi will be combined into a new operation.

Valuation of the Chinese owner of TikTok has surged over the past 12 months, as the start-up reportedly takes the first step towards a Hong Kong IPO.

Chinese authorities summoned 34 of the country’s biggest internet companies on Tuesday, including Tencent, Meituan and ByteDance, ordering them to learn a lesson from Alibaba’s case, and to conduct self-inspections to comply with antitrust laws.

Mark Zuckerberg and Zhang Yiming lead a list of 79 self-made billionaires under the age of 40 globally as 26 more joined the latest list, helped by the surge in global stock markets from the US to Hong Kong.

ByteDance’s vast user base has allowed it to profit handsomely from gaming, advertising and e-commerce

China is the world’s second-biggest home for unicorns, as the privately owned companies worth over US$1 billion are called, after the United States.

Foreign suspicions over Beijing’s relations with Chinese tech firms are fuelling mistrust that analysts say is unlikely to go away any time soon.

Douyin E-commerce launched an offline event in a bid to bring more merchants to its platform, which already has a dominant position in China’s burgeoning live-streaming e-commerce industry.

The pro-Trump venture capitalist calls on the US government to step up scrutiny on bitcoin because Chinese leaders “don’t like the US having [the dollar as a] reserve currency”.

Tax authorities accuse Beijing-based ByteDance of suppressing transactions and claiming excessive tax credits.

A Beijing court ruled against a former Tencent employee for breaking a non-compete pact with the firm after he joined rival internet giant ByteDance.

The Chinese start-up is said to be mulling an offshore listing for TikTok’s sibling app.

ByteDance CEO Zhang Yiming told employees to keep an ‘ordinary mind’ and make decisions without worrying about growth goals as the company moves closer to an IPO amid continuing challenges overseas.

ByteDance has mounted a court challenge against the Indian government’s directive, sources said.

In this issue of Global Impact, we’ll dig into ByteDance and its history and future ambitions. It’s been a rocky 12 months for them, but with Donald Trump gone, TikTok can finally get back to work on expanding its franchise as the world’s most popular app.

E-commerce and payment firms could be the first batch to join the venture, which may require changes to laws governing data ownership.

Xiaomi’s former international business president, Chew Shou Zi, is moving to ByteDance as its new chief financial officer.