To the clouds and beyond: ByteDance sets sight on automotive cloud business â report>
Verdict – Elles Houweling
ByteDance, the giant Chinese company behind social media phenomenon TikTok, has just unveiled its new automotive cloud business. The web giant has reportedly entered talks with car manufacturers regarding cloud services for their smart vehicle units. ByteDance said it aimed to surpass its Chinese rival Tencent by 2025.

The Beijing-based company has reportedly recruited experts from cloud giant AWS and Chinese ecommerce behemoth JD.com for its own cloud unit, Chinese news outlet 36Kr reported. In addition, the company is also making plans to team up with an automotive startup and autonomous freight service to provide cloud service projects.
Link: https://www.verdict.co.uk/to-the-clouds-and-beyond-bytedance-sets-sight-on-automotive-cloud-business-report/