What is the ownership structure of ByteDance Company?

The earliest company in ByteDance is Beijing ByteDance Technology Co., Ltd., which was established on 20 12. It is an information technology company in Beijing, China, and one of the leading companies in applying artificial intelligence to mobile Internet scenes. Its self-developed "Today's Headline" client uses massive information collection means and deep data mining to recommend applicable information to users through user behavior analysis, which is a brand-new news reading mode. In addition, ByteDance Co., Ltd. has the highest proportion of shares in the company, accounting for 99% of the total. Since then, ByteDance Co., Ltd. has invested in more than 65,438+00 enterprises, all of which have absolute control.

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scope of business

The business scope includes technology development, technology promotion, technology transfer, technology consultation and technical services; Computer technology training (not for national enrollment); Computer system services; Data processing (except for bank card centers and cloud computing data centers whose PUE value is above 1.5 in data processing); Basic software services; Application software services (excluding medical software); Designing, producing, displaying and publishing advertisements; Engaged in cultural brokerage business; Organize cultural and artistic exchange activities; Film and television planning; Computer graphic design and production; Engaged in sports brokerage business; Conference services; Enterprise planning; Performance agent; Cultural performances; Engaged in Internet cultural activities; Internet information service.

Enterprises independently choose business projects and carry out business activities according to law; Performance brokers, cultural performances, Internet cultural activities, Internet information services and projects subject to approval according to law shall conduct business activities in accordance with the approved contents after being approved by relevant departments; Shall not engage in business activities of projects prohibited and restricted by the industrial policies of this Municipality.

ByteDance strengthens scientific and technological innovation in three aspects: platform governance, content construction and information service, and fulfills its social responsibilities. Platform governance is the primary responsibility of enterprises; Secondly, the responsibility of scientific and technological innovation. As a technology company, development is the first priority, talent is the first resource, and innovation is the first driving force. ByteDance is committed to applying artificial intelligence and other technologies to society and promoting social progress; Finally, it is the responsibility of content construction and information service.