Byteplus is a privately owned company headquartered in Singapore, with ByteDance as its parent company. Founded in 2021, the company employs approximately 80 individuals and reported $101.1M in revenue as of 2024, functioning as a tier 1 media tech buyer. The company 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:

On April 16, 2026, BytePlus hosted the "BytePlus Indonesia AI Day 2026" in Jakarta, presenting its latest AI solutions under the theme "Unleash Frontier AI Capabilities" to support digital transformation for companies across various sectors in Indonesia. This event followed BytePlus, ByteDance's cloud division, making its AI video generation model Seedance 2.0 available to business customers in over 100 countries on April 16, notably excluding the US. Seedance 2.0 previously launched in China in February and gained attention for its AI-generated viral videos. BytePlus will also host its first Korea event, "AI Day," on April 23, where it plans to unveil its AI model lineup, including Seedance 2.0, a move industry sources reported on April 12 that is expected to intensify competition in Korea's AI-powered media creation industry.

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Byteplus offers 12 products in the media tech, connectivity and cloud, enterprise tech and ad tech and services industries. Byteplus's product portfolio comprises of production and post production, video data and analytics, live production, enterprise cloud, connectivity and distribution services, conferencing, ecommerce and customer journey technology, generative AI, data, targeting and identity, graphics, media managed services and video processing and playout.
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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 broadcast television and radio, software Development and retail companies. Examples of Byteplus's customers include MDTV, GS SHOP(jieseusyab) and Tokopedia.

Example Customers

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Example Partners

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