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ByteDance - About the company

ByteDance is a series E company based in Beijing (China), founded in 2012 by Zhang Yiming and Rubo Liang. It operates as a Developer of platforms for content creation, discovery, and mobile entertainment. ByteDance has raised $6.11B in funding from investors like HongShan, KKR and SIG, with a current valuation of $*****. The company has 575 active competitors, including 13 funded and 7 that have exited. Its top competitors include companies like Bending Spoons, NewBornTown and Kakao.

Company Details

Developer of platforms for content creation, discovery, and mobile entertainment. The company provides tools and services that enable users to connect, create, and consume digital content. It offers a suite of products focused on short-form mobile videos and other forms of digital media. The company’s platforms facilitate content sharing and engagement for a global audience.
Social
X
Email ID
*****@bytedance.com, *****@bytedance.com
Registered Address
Mountain View, California
Key Metrics
Founded Year
2012
Location
Beijing, China
Stage
Series E
Total Funding
$6.11B in 9 rounds
Latest Funding Round
Post Money Valuation
$***** as on Nov 20, 2025
Investors
Ranked
Employee Count
47,593 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
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ByteDance's funding and investors

ByteDance has raised a total funding of $6.11B over 9 rounds. Its first funding round was on Apr 2012. Its latest funding round was a Series E round on Nov 27, 2019 for $*****. 2 investors participated in its latest round. ByteDance has 61 institutional investors.

Here is the list of recent funding rounds of ByteDance:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 27, 2019
3806155
Series E
8625310
3370457
1451065
4136157
Apr 10, 2019
3505807
Conventional Debt
1044283
9137158
4850938
Oct 24, 2018
9321200
Series E
2695414
4028749
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ByteDance's founders and board of directors

Founder? Claim Profile
The founders of ByteDance are Zhang Yiming and Rubo Liang. Rubo Liang and Zhang Yiming are the CEOs of ByteDance.
Here are the details of ByteDance's key team members:

ByteDance's employee count trend

ByteDance has 47,593 employees as of Mar 26. Here is ByteDance's employee count trend over the years:
Employee count trend for ByteDance
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ByteDance's Competitors and alternates

Top competitors of ByteDance include Bending Spoons, NewBornTown and Kakao. Here is the list of Top 10 competitors of ByteDance, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ByteDance
ByteDance
2012, Beijing (China), Series E
Developer of platforms for content creation, discovery, and mobile entertainment
$6.11B
75/100
2nd
Logo for Bending Spoons
Bending Spoons
2013, Milan (Italy), Series E
Developer of mobile applications and AI-powered technologies
$840M
72/100
3rd
Logo for NewBornTown
NewBornTown
2009, Beijing (China), Public
Mobile app studio developing personalization apps
$2M
70/100
4th
Logo for Kakao
Kakao
2010, Jeju-si (South Korea), Public
Online platform offering multi-category messaging and advertising applications
-
69/100
5th
Logo for OnMobile
OnMobile
2000, Bengaluru (India), Public
Mobile content services in APAC
$46.3M
63/100
6th
Logo for Lokal
Lokal
2018, Bengaluru (India), Series B
Developer of digital products and applications for consumers
$31.8M
57/100
7th
Logo for A1 Apps
A1 Apps
2019, Gurugram (India), Unfunded
Provider of a mobile application development company offering apps for various categories
-
-
56/100
8th
Logo for AIBY Tech
AIBY Tech
2019, Miami (United States), Unfunded
A company that builds and develops tech businesses specializing in mobile-first products utilizing AI technology
-
-
54/100
9th
Logo for Digitalchemy
Digitalchemy
2010, Redmond (United States), Unfunded
Provider of multi-category mobile applications
-
-
51/100
10th
Logo for Rikka Apps
Rikka Apps
2018, Japan, Unfunded
Provider of multi-category mobile applications
-
-
50/100
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ByteDance's Investments and acquisitions

ByteDance has made 56 investments in companies including X Square Robot and Hyper3D. ByteDance has also acquired 20 companies including oladance and Retouchpics.com.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jan 12, 2026
Investments
2021
Shenzhen (China)
Jan 13, 2025
Investments
2024
Hong Kong (China)
Jan 13, 2025
Investments
-
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News related to ByteDance

lockFilter this list
Media has covered ByteDance for a total of 272 events in the last 1 year, 145 of them have been about company updates and 15 about partnerships.
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