Byteplus
Byteplus, a privately owned company headquartered in Singapore, was founded in 2021, employs approximately 80 individuals, and reported $101.1M in revenue as of 2024. As a subsidiary of ByteDance, it functions as a tier 1 media tech buyer. The company specializes in IT services and IT consulting, providing intelligent platform services. These services are powered by its research in emerging technologies, with solutions ranging from data analytics tools to computer vision software.

2024 Revenue

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Founded

2021

Headcount

71

Headquarters

Singapore

Primary Segment

IT Services and IT Consulting

Ownership

Privately Owned

Deployments

21

News Summary:

BytePlus's Seedance 2.0 has been identified as a significant development, transforming the company into an AI video platform by leveraging its connection to ByteDance's infrastructure machine learning media and growth stack, according to a review published on April 27, 2026. Previously, BytePlus held its Indonesia AI Day 2026 in Jakarta on April 16, where it presented its latest AI-based solutions aimed at supporting the digital transformation of companies across various sectors, from e-commerce to the public sector, under the theme "Unleash Frontier AI Capabilities." On the same day, ByteDance's cloud division, BytePlus, made its AI video generation model Seedance 2.0 available to business customers in more than 100 countries, specifically excluding the U.S. The model first launched in China in February. Earlier, on April 12, industry sources revealed that ByteDance's subsidiary BytePlus planned to host its first Korea event, "AI Day," on April 23 to unveil its AI model lineup, including Seedance 2.0, with the goal of introducing advanced video AI tools to South Korea and intensifying competition in AI-powered media creation.

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Byteplus offers 12 products in the connectivity and cloud, enterprise tech, media tech and ad tech and services industries. Byteplus's product portfolio comprises of conferencing, ecommerce and customer journey technology, enterprise cloud, video data and analytics, media managed services, live production, production and post production, connectivity and distribution services, data, targeting and identity, generative AI, video processing and playout and graphics.
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Byteplus's revenues were less than $250M in 2024. Caretta Research has split Byteplus's revenue into 11 different product categories, the largest of which is other. For full access to Byteplus's revenue breakdown subscribe to Caretta Portal.
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Byteplus's customers primarily consist of retail, software Development and broadcast television and radio companies. Examples of Byteplus's customers include MDTV, GS SHOP(jieseusyab) and Tokopedia.

Example Customers

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Example Partners

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