ByteDance established a new information technology company in Beijing.

According to the Qi Cha Cha app, ByteDance Information Technology Co., Ltd. has recently been established in Beijing. Its business scope includes: technical services, technical development, technical consulting, technical exchanges, technology transfer, and technology promotion; information technology consulting services; software development. Shareholding penetration data from Qi Cha Cha shows that this company is wholly owned by Beijing Zi Tiao Network Technology Co., Ltd.