The world’s most valuable startup has been consistent in growing its global presence hence in an attempt to attract more users, the company continuously evolves into a multi-faceted empire spanning from dedicated news and video apps targeting China and emerging markets like India. According to a new report by The Financial Times, the Beijing-based social media company is developing a “phone preloaded with its own apps— which include newsfeeds, short video platforms and games — in a bid to further spread its reach.” With smartphone shipments in China continuing to slide, ByteDance is also likely to face tough competition from seasoned players like Xiaomi, Oppo, Huawei, Vivo, and Apple.
It’s however still unclear when ByteDance’s possible phone is set to hit the market.
