ByteDance hunts for Singapore tech talent in global hiring spree

EVEN amid the headwinds of Covid-19, Chinese tech giant ByteDance, which owns the popular video app TikTok, is on a recruitment blitz. The startup, which is reportedly worth US$75 billion, is...

Hotelier grandson of Asia's sugar king turns venture capitalist

[SINGAPORE] As a 17-year-old trainee bellboy, Kuok Meng Xiong spent a summer opening doors at his family's Island Shangri-La hotel in Hong Kong.

TikTok owner, Ant Financial said to have put in bids

CHINA'S ByteDance Technology, which owns the popular video-sharing app TikTok, is said to have applied for a wholesale digital banking licence in Singapore, The Business Times understands.

China tech industry straps in for more turbulence after a wild 2019

[BEIJING] China's tech industry enters a new year after weathering unprecedented turbulence in 2019, when giants emerged in social media and artificial intelligence (AI) only to bear the brunt of...

TikTok owner testing music app in bid for next global hit

[HONG KONG] TikTok owner ByteDance Inc is testing a new music app in emerging markets as it tries to pull off another global sensation akin to its viral video-sharing service.

WeWork was more black swan than unicorn for SoftBank

[TAIPEI] SoftBank Group Corp's WeWork debacle is unlikely to be repeated. It also means that for the Vision Fund to deliver venture capital-size returns, it'll need to rely on singles and doubles...