The World’s Most Valuable Startup: Bytedance, Maker of Tik Tok & Toutiao

Photo: Bloomberg

In Ep. 28 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about the Chinese AI company that recently toppled Uber to become the highest-valued startup in the world: Bytedance. Having just closed on $3 billion led by Softbank, the company is currently valued at $75 billion. Though our co-hosts have mentioned Bytedance across several previous episodes, including a focus on the company’s war with Tencent in Episode 9, today is the first to delve into its founding story, and to give a snapshot of its key strengths and weaknesses.

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