CapCut, a creative video editing tool owned by ByteDance, has a large number of users in China, the United States and Southeast Asia. The tool supports Android, iOS and PC platforms. The latest report from market research agency data.ai pointed out that as of September 11, 2023, CapCut’s total user spending on iOS and Google Play has exceeded US$100 million (notes on this site: currently about 7.28 billion), successfully surpassing Splice (ranked first in the second half of 2022) and becoming the world's most profitable video editing application in the first half of 2023, an increase of 180% compared with the second half of 2022. As of August 2023, 490 million people around the world are using CapCut through iPhone and Android phones. da

TikTok is the English name for Douyin, which was launched globally in August 2018. TikTok is a social media application that allows users to create and share short videos. Originally named musical.ly, tiktok is a short video sharing platform developed by the Chinese company ByteDance. The main feature of tiktok is that users can create short videos. These videos are usually very short, usually only a few seconds to a minute or so. Time, users can use various audio, filters, etc. on tiktok to edit and enhance videos and more.

According to IT House news on January 18, in response to recent rumors that TikTok’s domestic employees have transferred overseas, people close to ByteDance revealed that the company is preparing to build R&D centers in Canada, Australia and other places. At present, some R&D centers have been in trial operation for about half a year, and will support the R&D of multiple overseas businesses such as TikTok, CapCut, and Lemon8 in the future. ByteDance plans to focus on local recruitment and assist in the establishment of relevant R&D centers through a small number of expatriates. It is understood that in the past six months, the company has selected a small number of engineers from the United States, China, Singapore and other places to participate in the preparations. Among them, a total of 120 people have been dispatched from China to the R&D centers in the two places, including product, R&D and operation positions. Relevant people said that this move is to cope with the development of overseas business and better

News from this site on October 16, according to thestar report, Communications and Digital Minister Fahmi Fadzil said that the Ministry of Communications and Digital and the Malaysian Communications and Multimedia Commission (MCMC) will meet with TikTok. Fahmy said that after meeting with TikTok Global Vice President Helena Lersch, he found that the platform's compliance with Malaysian laws was still unsatisfactory and needed to be corrected immediately, so the plan was arranged. "... We also talked about TikTok Shop, and I have asked TikTok Shop to provide more information, which will be reviewed by the ministry in the coming weeks," he said in the interview. Fahmy said that the situation in Malaysia is similar to that in India

According to news from this site on May 1, David Tesler discovered that TikTok has begun to test an option on a small scale that allows users to directly recharge gold coins through tiktok.com external webpage. This option does not go through the AppStore in-app purchase system, so it is completely bypassed. 30% "Apple tax". "Similar to Douyin's diamonds (1+10 diamonds), TikTok also has its corresponding "gold coins" (in fact, TikTok also has diamonds). The current ratio is about 8 to 10 gold coins/yuan, or 66 to 69 US dollars." However, as long as you open the recharge interface through an external web page, the ratio will instantly increase to 94 coins/USD. The extra money is obviously the part taken by Google and Apple during in-app purchases, and users

According to news from this site on May 8, TikTok filed a lawsuit in the U.S. Federal Court on Tuesday, challenging the Biden administration’s divestiture bill and asking the U.S. court to prevent the implementation of the bill. TikTok filed a lawsuit on Tuesday, claiming that Congress "took unprecedented measures to clearly single out and ban TikTok" and called the move "unconstitutional." According to reports, Beckman said that if the separation bill officially takes effect, TikTok will fight back in court. Beckman said that the "sell or ban" law "clearly violates" the First Amendment rights of TikTok's 170 million American users and will have "devastating consequences" for the 7 million small businesses on the platform. He also said, "This is the beginning of a long process, not the end" and "continue to fight." Related

European Commission Announcement: TikTok has committed to permanently withdrawing the EU version of the TikTok Lite reward program. According to news from this site on August 5, the European Commission announced today that TikTok has committed to permanently withdrawing the TikTok Lite reward program from the EU market. The move aims to resolve issues raised in the European Commission’s formal proceedings on April 22 and ensure compliance with the Digital Services Act (DSA). TikTok promises: Permanently withdrawing the TikTok Lite rewards program from the EU. No other plans to circumvent withdrawal will be introduced. The European Commission emphasized that any breach of the commitments will be regarded as a breach of the DSA and may result in fines. TikTokLite Rewards Program: TikTokLite is designed for users with less than 2GB of memory and data connection

1. TikTok’s first overseas stop for testing local life business: Indonesia and Thailand 2. Development of Douyin’s local life service platform Total transaction volume increased by 256% in 2023 Live broadcast transaction volume increased by 5.7 times Covering more than 370 cities and involving more than 4.5 million stores 3. Internal testing of TikTok’s local life business. Only some users can view group buying packages in the information flow, mainly catering merchants. 4. TikTok’s local life business recruitment information. Work location: Singapore, Jakarta, Bangkok. Position: Ecological governance, strategic analysis. , product manager, BD sales, etc. 5. Jakarta office "Business Development Director" job responsibilities: Carry out business expansion from 0 to 1 in catering, tourism and other industries. Find key partners to provide customers with integrated marketing solutions.