AI-powered news recommendation app Jinri Toutiao is as sticky as apps get. Plus the user data it generates could be far richer than the likes of social data harvested by WeChat. It has made its parent company Bytedance a major player in China’s tech scene. According to Liu Zhen, Bytedance senior vice-president for corporate development, the company is going to continue to grow aggressively at home and abroad, following its recent acquisitions of News Republic and Musical.ly. Speaking at a briefing to journalists during Bytedance’s Global Festival for A.Ideas in Beijing, the first time Bytedance has spoken to a group of international journalists, Liu revealed:

Read more: See our report on Toutiao’s upcoming AI advances

Bytedance was started in 2012, after its founder Zhang Yiming realized when commuting that there were ever fewer news kiosks and that people were spending more time on their phones. Just five years later, Bytedance has over 200 million daily active users (DAU) across its apps and the flagship Jinri Toutiao sees its users spending 74 minutes a day on the app. “That’s probably the longest in terms of time spent on content platforms [in China],” said Liu.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Frank Hersey

Frank Hersey is a Beijing-based tech reporter who's been coming to China since 2001. He tries to go beyond the headlines to explain the context and impact of developments in China's tech sector. Get in...