ByteDance and other companies invest in car software developer Yitu Technology.

Tianyancha business information shows that recently, Yitu (Shenzhen) Technology Co., Ltd. underwent a business change, with ByteDance's Beijing Quantum Leap Technology Co., Ltd., and Wuhu Kishstone Future Startup Investment Fund LLP being added as shareholders. At the same time, the registered capital increased from about 1.51 million RMB to about 1.67 million RMB. Yitu (Shenzhen) Technology Co., Ltd. was established in October 2023, with Wu Xiaohang as the legal representative. Its business scope includes manufacturing of automotive parts and accessories, manufacturing and sales of intelligent in-car devices. Shareholder information shows that the company is currently jointly owned by Wu Xiaohang, Suzhou Getu Technology LLP, and the aforementioned new shareholders. Public information shows that the company is dedicated to the research and commercialization of middleware for the automotive industry, service middleware, and AI middleware.