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ByteDance to set up innovation center in SW China

2020-8-27 13:44

 

CHENGDU, Aug. 27 (Xinhua) -- ByteDance, the parent company of TikTok, will set up an innovation center in the Chengdu Hi-tech Industrial Development Zone, southwest China's Sichuan Province, local authorities said.

The center, with an investment of 10 billion yuan (about 1.45 billion U.S. dollars), will integrate several emerging businesses, including an intelligent education system and interactive multimedia office system, and plans to recruit 10,000 staff within five years. It is expected to generate an annual sales revenue of 10 billion yuan.

Since the company entered the provincial capital Chengdu in 2015, business teams of research and development, commercialization and creative space have been set up in the city, whereby Chengdu has become a significant base for the company's strategic layout in western China, sources with ByteDance said.

ByteDance owns several products including TikTok, news portal Toutiao and the video-sharing platform Xigua. To date, Douyin, the Chinese version of TikTok, has seen the number of its daily active users exceed 400 million, the company said.

So far, the Chengdu Hi-tech Industrial Development Zone has become home to more than 90,000 enterprises related to the new economy, including businesses of some leading internet companies such as Tencent, NetEase and the online streaming platform iQiyi.

 

成都,8月27日(新华社)——字节跳动,TikTok的母公司,将在中国西南部四川省的成都高新技术产业开发区建立一个创新中心,当地政府说。


该中心投资100亿元(约14.5亿美元),将整合几项新兴业务,包括智能教育系统和交互式多媒体办公系统,并计划在5年内招聘1万名员工。预计每年将产生100亿元的销售收入。


字节跳动的消息人士称,自2015年公司进入省会成都以来,研发、商业化和创意空间的业务团队已经在成都设立,成都已成为公司在中国西部战略布局的重要基地。


字节跳动拥有TikTok、新闻门户头条和视频分享平台西屋等多个产品。抖音称,到目前为止,抖音的日活跃用户已经超过4亿。抖音是TikTok的中文版本。


到目前为止,成都高新技术产业开发区已经入驻了9万多家与新经济相关的企业,其中包括一些领先的互联网公司,如腾讯、网易和在线流媒体平台爱奇艺。

 

来自: xinhua