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ByteDance launches Melolo app, expands short drama team

ByteDance is building a business team for its overseas short drama venture, recruiting product managers, operations staff, and scriptwriters in Beijing, Shanghai, Shenzhen, and other locations.

As part of this expansion, the company has launched “Melolo,” an international short drama app.

Released in mid-November 2024, Melolo offers free short drama content and is currently available in markets like Indonesia and the Philippines.

The short drama format is rapidly gaining global popularity.

China’s short drama user base reached 576 million by mid-2024, with the domestic market valued at 50.44 billion yuan (US$6.88 billion), surpassing annual box office revenue.

Recent ByteDance developments

Timeline
03-Jan-2025 📱 ByteDance denies AI phone partnership with China’s Nubia
  • ByteDance dismisses Nubia partnership rumors
  • No AI smartphone project planned for this year
02-Jan-2025 🚫 ByteDance refutes $7b Nvidia chip claims
  • ByteDance denies $7B Nvidia chip spending claims.
  • Company’s procurement managed by a separate department.
31-Dec-2024 💰 ByteDance named China’s top tech investor this year: report
  • ByteDance leads China’s tech investment in 2024
  • Plans to double spending to 160 billion yuan by 2025
20-Dec-2024 💰 ByteDance cuts AI costs by 85% in China’s tech race
  • ByteDance cuts genAI model cost by 85%
  • Chinese tech giants lower prices to attract users
15-Dec-2024 🎥 ByteDance shifts focus to AI video generators, not chatbots

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