Development:
In August, 20021,it was reported that ByteDance would acquire Pico, a VR startup company, for 5 billion yuan.
202 1 10, ByteDance acquired Beijing Wang Fu Real Estate Agency Co., Ltd., a subsidiary of Wheat Field Real Estate.
On 20021,165438+ Liang rubo 10, on 2 October, full-time emails were issued to announce the organizational adjustment, implement the BU business line, and set up six business sectors, namely TikTok, Dali Education, Shu Fei, Volcano Engine, Asahi Lightyear and Tiktok. The heads of relevant business segments all report to Liang Rubo. It is agreed that CEO Zhou will no longer serve as CFO, and the company's finance department will be transferred to Liang Rubo for reporting.