ByteDance, a company hailed as an APP factory.
This company has developed multiple apps and has a remarkably flexible organizational structure and resources.
Zhang Yiming, the head of ByteDance, once explained his company ideas in front of the media: Develop a company as a product.
Back in 2014, he received a $100 million investment from Shunwei Capital and Red Mountain Capital.
At that time, ByteDance's company valuation was only $500 million.
By 2016, the valuation had already skyrocketed to $11 billion!
Keep in mind, during this stage, TikTok hadn't even taken off yet; it was still in the Cold Start phase.
Their formidable strength was evident.
When he received a call from Lei Bu Si, Zhang Yiming was first taken aback.
Upon hearing the mention of Youuqu, Zhang Yiming paused even longer.
The reason was simple.
——I feel like I'm living in the shadow of Youuqu!
Or rather, living in the shadow of Cheng Zhu!
