ByteDance, the Beijing-based company behind the popular short-video app TikTok, has acquired Chinese Wikipedia-like website Baike.com to step up its internet search challenge to rival homegrown counterpart Baidu. A wholly-owned affiliate of ByteDance, the world’s most valuable startup according to CB Insights, had previously acquired 22% of the registered capital of Baike.com, according to a […]

ByteDance Completes Acquisition Of Chinese Wikipedia-Like Site Baike.com comes originally from China Money Network. All Rights Reserved.