Byteplus

Byteplus

https://www.byteplus.com/
https://www.linkedin.com/company/byteplus/

Byteplus is a privately held technology company founded in 2021 and headquartered in Singapore. It is a subsidiary of ByteDance, the parent company of TikTok. Byteplus provides intelligent platform services powered by its research in emerging technologies. Its solutions range from data analytics tools to computer vision software. As of 2023, the company has around 80 employees and has generated approximately $50 million in revenue.

2023 Revenue

Founded

2021

Headcount

71

Headquarters

Singapore

Primary Segment

IT Services and IT Consulting

Ownership

Privately Owned

Deployments

20

News Summary:

Byteplus announced several developments and partnerships. Sui Network, a blockchain platform, processed 297,000 transactions per second with finality in 390 milliseconds, showcasing its technical capabilities. Partnerships with Byteplus, Tencent, and Alibaba strengthen Sui Network's influence in the blockchain industry. Influencer StarPlatinum sparked discussions about SUI's potential as the next big winner in the current cycle. Byteplus also introduced pre-cleared commercial assets for organic content and ad creation, providing creators with templates, images, and audio for commercial use. Additionally, Byteplus collaborated with LEGENDARY HUMANITY (L-H) to enhance digital fashion initiatives using augmented reality (AR) technology, enabling users to interact with iconic fashion garments in the digital realm. Furthermore, Byteplus highlighted the impact of its AI Personalization Engine in transforming data into value, addressing the challenge of information overload through recommendation systems powered by deep learning.

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Byteplus offers 12 products in the enterprise tech, connectivity and cloud, ad tech and media tech industries. Byteplus's product portfolio comprises of connectivity and distribution services, content supply chain, enterprise cloud, live production, generative AI, video business systems, production and post production, data, targeting and identity and video processing and playout.

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Byteplus's revenues were less than $100M in 2023. 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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Dec

18th

2024

22:54

Events, Caretta Research_Monitor Company

International networks continue to join MyIX

New members brings MyIX total membership to 125 Aims to help achieve Msia’s digital economy’s 25.5% GDP target by 2025 International networks continue to recognise the strategic advantages of the Malaysia Internet Exchange (MyIX), with GlobalXtreme under PT Internet Madju Abad Milenindo from Indonesia and Byteplus Pte.Ltd.recently joining as members.

Nov

28th

2024

02:00

Jawhara Jewellery Polishes Its Legacy for the Digital Age

Jawhara Shines Brighter with BytePlus AR Innovation Jawhara, a leading jewellery retailer in the Middle East, has elevated its brand by collaborating with BytePlus. This partnership has helped Jawhara seamlessly transition from a traditional retail model to a modern, digitally immersive experience.

Oct

22nd

2024

06:57

Business Expansion, Artificial Intelligence

BytePlus Plans Data Center in Thailand for Cloud and AI Services

BytePlus Plans Data Center in Thailand for Cloud and AI Services BytePlus, a subsidiary of ByteDance, is exploring the possibility of establishing a data center in Thailand in 2025 to provide cloud and artificial intelligence (AI)-based services, according to a source familiar with the company.

Ceoinsightsasia

Oct

22nd

2024

00:29

Artificial Intelligence

BytePlus mulls new data centre in Thailand

BytePlus, a subsidiary of ByteDance, is considering establishing a data centre in Thailand in 2025 to offer cloud and artificial intelligence (AI)-based services, said a source familiar with the company. LTS also appointed Siam AI Corp Ltd (SIAM AI) as its reseller to market BytePlus's service solutions. Rattanapol Wongnaphachan, chairman of Siam AI, said the company will target e-commerce entrepreneurs or TV and digital business organisations that want to sell products and services via online platforms.

Sep

18th

2024

07:13

Artificial Intelligence

Life4cuts Develops Its Picture-Perfect Future with BytePlus Effects

Life4cuts Develops Picture-Perfect Experiences with BytePlus Effects Life4cuts, a leading photo booth company, has transformed its customer experience by partnering with BytePlus Effects. This collaboration enabled Life4cuts to shift from basic photo services to an advanced, AI-enhanced platform.

Sep

18th

2024

07:13

Artificial Intelligence

BytePlus Powers OpenRice's Leap into Next-Gen Dining Solutions

OpenRice Transforms Dining Experiences with BytePlus Technology OpenRice, Hong Kong's leading dining guide, has redefined its digital presence by integrating advanced solutions from BytePlus. This strategic partnership allowed OpenRice to shift from static content to a vibrant, video-centric platform.

Sep

18th

2024

07:13

Tokopedia Play Elevates Livestreaming Experience with BytePlus

Tokopedia Enhances User Engagement with BytePlus Effects and CDN Tokopedia, a major e-commerce platform, has revolutionized its user experience through a strategic partnership with BytePlus. By integrating BytePlus Effects and BytePlus CDN, Tokopedia has elevated its livestreaming capabilities and content delivery performance, offering an enhanced experience for both creators and viewers.

Aug

15th

2024

02:30

Why SUI Might Be the Next Big Winner of This Crypto Cycle: Influencer Insight

Sui Network processes 297,000 transactions per second with finality in 390 milliseconds, highlighting its technical superiority. Sui Network’s partnerships with BytePlus, Tencent, and Alibaba solidify its growing influence in the blockchain industry. In a recent tweet, influencer StarPlatinum started a discussion by speculating that SUI could be the next big winner this cycle.

Crypto News Flash

Aug

10th

2024

00:44

CapCut Commerce Pro

Pre-cleared commercial assets for organic content and ad creation Stuck in a creative rut? Access a wealth of video templates, image templates, design elements, and audio approved for commercial content usage to spark your creativity strategically. With these commercial resources at your fingertips, you can confidently market your product and bring your creative vision to life.

Jul

9th

2024

09:10

Partnerships and Alliances

LEGENDARY HUMANITY Partners with BytePlus for AR Fashion Innovation

LEGENDARY HUMANITY (L-H) has entered into a technical collaboration with BytePlus to enhance its digital fashion initiatives using augmented reality (AR) technology. This partnership is set to offer users a distinctive experience by allowing them to interact closely with iconic human fashion garments in the digital world.

Jul

4th

2024

08:14

Artificial Intelligence

Cutting Through the Noise: How BytePlus's AI Personalization Engine Transforms Data into Value

Cutting Through the Noise: How BytePlus's AI Personalization Engine Transforms Data into Value

Jun

24th

2024

18:30

Artificial Intelligence

Deep-Learning based Recommendation System and BytePlus’s Approach

With the ever-growing volume of online data, recommendation systems have been an effective way to solve the prominent problem of information overload. Over the past few years, we have witnessed the success of deep learning in various domains, such as computer vision and natural language processing (NLP).

Examples of Byteplus's customers include GS Shop, Digiplus and Tokopedia.

Example Customers

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Example Partners

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