Skip to content
Subscriber Only

ByteDance Eyes a New $185 Billion Business Ahead of Mega IPO

  • TikTok owner aims to challenge Alibaba in e-commerce arena
  • Zhang eyes global opportunity after ‘major breakthrough’
Video player cover image
TikTok owner ByteDance is eyeing a $185 billion business in online shopping, testing the waters with Walmart and Shopify.@pingroma explores how @BytedanceTalk plans to challenge China’s e-commerce giant, Alibaba(Source: Quicktake)
Updated on

Want the lowdown on what's moving Asia’s markets in your inbox every morning? Sign up here.

Zhang Yiming built ByteDance Ltd. into the world’s most valuable private company via a string of blockbuster apps like TikTok that challenged Facebook and other incumbents on their own turf. His latest target: Alibaba.