Will ByteDance, the 800-pound gorilla in China’s technology scene, become king of the jungle?

//Will ByteDance, the 800-pound gorilla in China’s technology scene, become king of the jungle?

Will ByteDance, the 800-pound gorilla in China’s technology scene, become king of the jungle?

TikTok owner ByteDance, a nine-year-old company created by 38-year-old Zhang Yiming in a small, residential flat in Beijing, is making a full-frontal assault on China’s tech titans as it seeks to gain top spot in the country’s cyberspace realm.It is engaged in a bitter rivalry with Tencent Holdings in social media and gaming; it is competing against Meituan to be the go-to portal to find the best local bars and restaurants; its booming e-commerce business is poised to take share from market…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2021-04-11T00:00:19+00:00 April 11th, 2021|Business|Comments Off on Will ByteDance, the 800-pound gorilla in China’s technology scene, become king of the jungle?