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ByteDance
AddedFeb 13, 2024
UpdatedJun 28, 2026
ByteDance

ByteDance

Late Stage Private

ByteDance is a Beijing-based technology company operating the Doubao AI assistant and TikTok short-video platform.

HQ
Beijing, Beijing, CN
Founded
2012
Overview
Analysis
Compare
Fundraising
Employees
News

ByteDance develops artificial-intelligence products and content-distribution platforms for consumers and enterprises. Its Doubao AI assistant reached more than 226 million monthly active users in early 2026, making it one of the most widely adopted consumer AI applications in China. The company also operates the Coze bot-building platform and Volcano Engine enterprise AI services.

The company was founded in 2012 by Zhang Yiming and is legally domiciled in the Cayman Islands with its operational headquarters in Beijing. ByteDance's global consumer footprint is anchored by TikTok and its Chinese counterpart Douyin. The firm remains privately held and has expanded from advertising-driven social media into generative-AI models including the Seed-2.0 family.

ByteDance - Products & Services

  • TikTok logo

    TikTok

    TikTok is ByteDance’s short-form video entertainment and social discovery app.

    Competing Products

    Bluesky logo
    Meta logo
    Snap logo
    Meta logo
    YouTube logo
    X Corp. logo
    YouTube logo
  • TikTok Ads logo

    TikTok Ads

    TikTok Ads lets marketers create, manage, and measure advertising on TikTok.

ByteDance - Similar Companies

Iflytek CO. logo

Iflytek CO.

Tencent logo

Tencent

Alibaba Group logo

Alibaba Group

Baidu logo

Baidu

DeepSeek logo

DeepSeek

Moonshot AI logo

Moonshot AI

Meta logo

Meta

ai.meta.com

Bluesky logo

Bluesky

bsky.social

X Corp. logo

X Corp.

Snap logo

Snap

snap.com

YouTube logo

YouTube

OpenAI logo

OpenAI

openai.com

xAI logo

xAI

x.ai

Profound logo

Profound

tryprofound.com

Magica logo

Magica

magica.com

ByteDance - Quick Facts

Who are ByteDance's competitors?

Companies similar to ByteDance include Meta, Bluesky, X Corp. and Snap.

When was ByteDance founded?

ByteDance was founded in 2012.

Where is ByteDance's headquarters located?

ByteDance's headquarters is located in Beijing, Beijing, CN.

When was ByteDance's last funding round?

ByteDance's most recent funding round was for $100M (USD) in March 2023.

How much has ByteDance raised to-date?

As of Mar 15, 2023, ByteDance has raised a total of $9.5B (USD).

How many employees does ByteDance have?

ByteDance has 2,023 employees as of Feb 4, 2024.

ByteDance - Classification

Ownership
  • Private
Technology
  • AI
  • Machine Learning
  • NLP
Geographic Exposure
  • China Asia
  • Global
Model
  • Platform
Revenue
  • Advertising
  • Subscription
Customer
  • Consumers
  • Enterprises
Tags
  • GenAI
  • SaaS
NAICS
  • 513200Software Publishers
  • 510000Information
  • 513000Publishing Industries
  • 513210Software Publishers
SIC
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7372Prepackaged Software