Publications
Publications
- January 2021 (Revised August 2021)
- HBS Case Collection
ByteDance: TikTok and the Trials of Going Viral
By: William C. Kirby and John P. McHugh
Abstract
In 2020, TikTok became the most valuable start-up ever. The short-form, video-sharing social media platform emerged as the crown jewel of the Chinese technology firm ByteDance, realizing 850 million monthly users and an estimated worth of $180 billion. However, a crusade against Chinese technology companies launched by the United States’ Trump administration threatened to jeopardize ByteDance founder Zhang Yiming’s creation. How could Zhang assuage foreign government’s concerns about TikTok’s data security practices without also running afoul of the Chinese government’s desire to keep China’s most successful technologies under wraps? This case follows Zhang’s entrepreneurial journey, from creative ambition to being caught up in the U.S.-China tech war.
Keywords
China; Technology; Startup; Start-up; International Strategy; Global Strategy And Leadership; Innovation; Political Risk; Regulations; Trump; Foreign Policy; Foreign Investment; Chinese Internet Market; Global Strategy; Crisis Management; Risk and Uncertainty; Entrepreneurship; Globalized Economies and Regions; Government Legislation; Innovation and Management; Governing Rules, Regulations, and Reforms; Internet and the Web; Social Media; Technology Industry; China; United States
Citation
Kirby, William C., and John P. McHugh. "ByteDance: TikTok and the Trials of Going Viral." Harvard Business School Case 321-110, January 2021. (Revised August 2021.)