Byteplus, a privately owned company headquartered in Singapore and a subsidiary of ByteDance, was founded in 2021 and employs approximately 80 individuals. The company reported $101.1M in revenue as of 2024. As a tier 1 media tech buyer, Byteplus specializes in IT services and IT consulting, providing intelligent platform services powered by its research in emerging technologies. Its solutions encompass data analytics tools and computer vision software.

2024 Revenue

Founded

2021

Headcount

71

Headquarters

Singapore

Primary Segment

IT Services and IT Consulting

Ownership

Privately Owned

Deployments

21

News Summary:

BytePlus recently made its Seedream 5.0 Lite image generation model available via Partner Nodes in ComfyUI on February 24, 2026. This model is the latest from BytePlus and the first in the Seedream family to incorporate web-connected retrieval, enabling it to utilize live online information for image generation. Previously, on February 19, Gaxos.ai (NASDAQ:GXAI) shares saw an uptick in premarket trading, which traders linked to an earlier partnership announcement with Byteplus. This market reaction followed Gaxos.ai Inc.'s finalization of a deal with Byteplus, the Enterprise Technology Division of ByteDance, on February 17, 2026. The partnership aims to embed state-of-the-art AI video tools into Gaxos's ecosystem, facilitating market penetration in the global creator economy. The agreement provides Gaxos with preferred model pricing and cutting-edge AI, intended to reduce infrastructure costs, enhance scalability, and strengthen its competitive advantage.

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Byteplus offers 12 products in the enterprise tech, connectivity and cloud, ad tech and services and media tech industries. Byteplus's product portfolio comprises of video data and analytics, production and post production, video processing and playout, live production, connectivity and distribution services, conferencing, ecommerce and customer journey technology, graphics, generative AI, media managed services, data, targeting and identity and enterprise cloud.
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Byteplus's revenues were less than $250M in 2024. Caretta Research has split Byteplus's revenue into 11 different product categories, the largest of which is other. For full access to Byteplus's revenue breakdown subscribe to Caretta Portal.
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Byteplus's customers primarily consist of software Development, broadcast television and radio and retail companies. Examples of Byteplus's customers include GS SHOP(jieseusyab), Tokopedia and MDTV.

Example Customers

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Example Partners

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