ByteDance, best-known for the TikTok video-sharing app, is reportedly looking to launch its own phone. It has a deal with phone maker Smartisan, it even hired some of its employees and acquired a patent portfolio (both companies are based in Beijing). ByteDance is one of the Chinese unicorns with over 800 million daily active users. Those come not just from TikTok, but also from the Toutiao ("headlines") news and information app (which is quite popular in China). Musical.ly was acquired in 2017 and folded into TikTok. It was a competing video-sharing platform that used short musical...
via shopmatrix
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