ByteDance, which attracted a huge fan base of teenagers with its short video app Tik Tok, is developing a more serious side to its business that the fun-loving younger generation may not care for – online education.
The Beijing-based ByteDance, the world’s most valuable unlisted startup, confirmed on Jan 22 that it has acquired certain patents from Chinese smartphone maker Smartisan to “explore the education business”, without disclosing details.
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