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The TikTok app belongs to the Beijing-based ByteDance company, founded in 2012 by startup programmer Zhang Yiming. From the University bench, the future billionaire dreamed of artificial intelligence, so the main idea of his own startup was a machine algorithm for studying user habits and further training AI based on them.
History of the tiktok logo
This is how most search engines and mobile platforms work at the moment, but ten years ago this approach was an innovation. Even before the advent of Tiktok, Bytedance-the company earned fame and money with the news aggregator Toutiao, which works on a similar principle - to present news to the reader according to their personal preferences. Until 2018, Toutiao was the key asset of Imin, whose ambitions extended much further.
Since its Foundation, Bytdance has been going its own way, refusing to support the big three of the Chinese IT business-Alibaba, Baidu, Tencent. Instead, the company's owner skillfully attracted private investment, earned money from successful startups, and invested in expanding the Bytedance Empire. The Internet company bought up several music and entertainment applications, combining them with its own development Douyin.