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Chapter 1011: 618: ByteDance, in Motion! (2)
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... 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 t ...
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