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  1. 2 days ago · ByteDance is a Chinese technology company that has developed novel video-sharing social networking applications, most notably TikTok. ByteDance also serves as the parent company of several popular social media and news apps.

  2. Jun 10, 2024 · TikTok parent company ByteDance is expanding its data center footprint in Malaysia as it spends RM10 billion ($2.13bn) on an AI hub. Tengku Zafrul Aziz, Malaysia’s investment, trade, and industry minister, revealed the news following a meeting with Helena Lersch, the vice president of TikTok.

  3. Jun 18, 2024 · TikTok is owned by ByteDance, a private global company founded by Chinese entrepreneurs. According to TikTok, about 60% of the parent company is owned by global institutional investors, 20% by...

  4. Jun 7, 2024 · KUALA LUMPUR: TikTok owner ByteDance plans to invest in artificial intelligence (AI) and turn Malaysia into a regional AI hub with a proposed investment of about RM10 billion.

  5. Jun 7, 2024 · KUALA LUMPUR : Bytedance, the parent company of social media app TikTok, plans to turn Malaysia into a regional artificial intelligence hub with a proposed investment of about 10 billion ringgit...

  6. Jun 7, 2024 · ByteDance, the parent company of TikTok, is investing US$2.13 billion to establish a regional AI hub in Malaysia, further boosting the country's digital economy.

  7. Jun 8, 2024 · China's social media giant ByteDance, TikTok's parent company, plans to spend about MYR10 billion ($2.13 billion) on investments to establish Malaysia as an AI hub, along with an additional MYR1.5 billion investment to expand its local data center.

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