ByteDance is preparing to raise its capex to CNY160 billion (approx. US$22.70 billion) in 2026, allocating over half of this amount, CNY85 billion, towards purchasing artificial intelligence chip ...
(Bloomberg/Echo Wong and Min Jeong Lee) — ByteDance Ltd. is on track for profits of roughly $50 billion in 2025, capping a record year for a Chinese social media leader making major inroads into ...
The company is steered by Xiong Rong, its chairman who holds a PhD in control science and engineering, and is primarily ...
Last year turned out to be one of the best years for initial public offerings (IPOs) since 2014. In 2025, the U.S. had 353 IPOs, with 210 operating company IPOs, and $70 billion in capital raised.
WASHINGTON/HONG KONG >> TikTok’s Chinese owner, ByteDance, on Thursday signed binding agreements to hand control of the short video app’s U.S. operations to a group of investors, including Oracle, in ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results