ByteDance executive leaves to start cross-border e-commerce venture after Shein, Temu success in US
Ren Lifeng left ByteDance last year and recently registered Shumei Wanwu with nearly US$140,000 in registered capital.
Source: scmp.com
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ByteDance's Pico launches new VR headset Pico 4 to compete with Meta Quest 2
ByteDance has allocated resources and staffs to the VR unit since the acquisition of Pico.
Source: pingwest.com
ByteDance expands metaverse investment with acquisition of Chinese virtual reality (VR) start-up PoliQ
ByteDance, owner of short video app TikTok and its Chinese version Douyin, built up its metaverse portfolio with the acquisition of Chinese virtual reality (VR) start-up PoliQ,
Source: pingwest.com