TikTok parent ByteDance announces plans to launch a search product
5 months, 2 weeks ago by
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"In summary, ByteDance is highly likely to take a significant bite out of Baidu's market share." -
TikTok parent ByteDance recently announced plans to launch a search product to challenge incumbent Baidu. -
The search engine will likely launch within ByteDance’s existing products like Toutiao. -
Baidu has more than 80% market share on mobile, the platform ByteDance is trying to challenge it in, and this could make it tough for the TikTok owner. -
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