Caixin
Caixin Global – Latest China News & Headlines

Home >

ABOUT US

CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

TRENDING
Mobile Game Revenue Steadily Recovering, Report Says
Henlius Biotech Raises $410 Million in Hong Kong IPO
Chinese Smartphone-Maker, Big in Africa, Prices IPO Far Above Apple
LATEST
China Expected to Have First Self-Designed DRAM Chip by Year End
Chinese Gaming Giant NetEase to Raise More Pigs
AB InBev Asian IPO Price Polling Below Midpoint of Range, Again
iPhone 11 Released in China to Mixed Reception From Shoppers
Pony Ma Steps Down as Tencent Credit’s Legal Representative
Local Emissions-Cutting Projects Could Help China Surpass International Commitments: Report
Short-Term Reference Rate for Loan Pricing Edges Down
Tencent Offers Open-Source System for IoT Innovation
Chinese Smartphone-Maker, Big in Africa, Prices IPO Far Above Apple
Dajia Insurance Launches Online Shop
World’s Highest Grid Project Takes Shape on ‘Roof of the World’
Battery Giant CATL in $1.4 Billion Fund-Raising Plan
Alibaba Recruits Big-Hitters for AI Research Labs
Zhejiang Regulators May Struggle to Implement Consumer Loan Rules
Is This Chinese Local Government Using a Journalist’s Trial to Quash Dissent?
ABB Bulks Up With Huawei on Industrial Cloud
China Biologic Receives $4.6 Billion Buyout Offer
Henlius Biotech Raises $410 Million in Hong Kong IPO
Mobile Game Revenue Steadily Recovering, Report Says
China’s Cybersecurity Industry Expected to Grow 23% to $8.9 Billion
TikTok Owner Hits 1.5 Billion Monthly Users

By Liu Shuangshuang and Zhao Runhua / Jul 09, 2019 07:01 PM / Business & Tech

Photo: IC Photo

Photo: IC Photo

ByteDance, the parent company of popular short video platform TikTok, said Tuesday it now has 1.5 billion monthly active users globally across its portfolio of apps.

That’s 500 million more people than the figure for January, which Bytedance announced last month.

Meanwhile, more than 700 million people now use Bytedance apps each day, nearly half of whom are TikTok users, the company said. Tiktok is known in China as Douyin.

Bytedance, the world's most valuable “unicorn,” also owns leading news aggregator Jinri Toutiao, and is reportedly testing a new app which might further expand its user base. 

Earlier this week, multiple Chinese media outlets reported that ByteDance was working on an English-learning app called “Tangyuan English.” ByteDance declined to comment on the reports.

Related: Update: TikTok Owner ByteDance Plans to Challenge WeChat and Spotify

Contact reporter Zhao Runhua (runhuazhao@caixin.com)

Share this article
Open WeChat and scan the QR code