ByteDance
Runs global short-video platforms with ads
Product Management Project Intern - Global Payment
About the job
- Currently pursuing an undergraduate degree in Computer Science, Data Science, Business Analytics, or a related field.
- Demonstrated analytical skills with the ability to think logically and independently.
- Strong execution skills with a sense of responsibility and ownership, including the ability to drive projects forward and solve problems efficiently.
- Excellent communication skills.
- Ability to work effectively in a cross-functional team environment.
- Build and expand the global payment platform by connecting with payment partners, building internal user account and checkout experiences, optimizing foreign exchange trading strategies and rules, and designing payment solutions for different use cases supporting the company's international business expansion.
- Conduct industry and user analysis of partners' capabilities and business requirements, and work with Engineering, Business Development, and other internal stakeholders to identify optimization opportunities for the payment product.
- Conduct end-to-end product experience design and development to deliver high-quality payment products in a timely manner.
- Upgrade and optimize platform products to improve end-user experience, operational efficiency, system stability, compliance, and cost efficiency.
- A background in engineering or Computer Science.
- Internship experience in end-to-end product management involving software or web technologies.
About the company
ByteDance runs a global family of content platforms, including Toutiao, Douyin, TikTok, Helo, and Lark, that inform, entertain, and inspire users across many languages and regions. Each platform surfaces user-generated content through a recommendation algorithm that personalizes feeds to keep people engaged. It primarily earns money from advertising, with additional income from in-app purchases and partnerships. The company stands out by offering multiple products with strong short-form video focus and global localization to reach diverse audiences, aiming to grow users and sustain advertising-driven revenue.
Company Size
10,001+
Company Stage
Debt Financing
Total Funding
$35.1B
Headquarters
Haidian, China
Founded
2012
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Simplify's Take
What believers are saying
- First-half 2026 revenue reportedly rose 30% to $120 billion despite AI capex.
- Feishu 2026 ARR grew 2.5x; over 90% of new customers bought Feishu AI.
- September 2026 banks lent ByteDance $29.6 billion for chips, data centers, and AI R&D.
What critics are saying
- September 19, 2026, Judge Wu challenged TikTok's $400 million privacy settlement.
- North Carolina's Supreme Court still weighs ByteDance addictive-features claims against TikTok.
- A failed U.S. divestiture revives a TikTok ban, severing ByteDance's American revenue.
What makes ByteDance unique
- ByteDance pairs Doubao models with Feishu workflows and Volcengine compute, September 2026.
- TikTok and Douyin fuse recommendation engines with commerce, livestreaming, and advertising at massive scale.
- Doubao-Seed-2.1-pro 0915 ships multimodal coding, traceability, and lower inference costs.
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Growth & Insights and Company News
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↑ 0%ByteDance ships Doubao-Seed-2.1-pro 0915 with multimodal coding on Volcengine. Published: September 17, 2026 Want to read in a language you're more familiar with? Volcengine fully released Doubao-Seed-2.1-pro 0915 with multimodal coding demos - including a ~280k-line Java ERP rebuilt from screen recordings and sketches - ~83% mergeable Luanti repo fixes, Doubao Work/TRAE integration, and 30%+ lower image/video inference token cost. On September 16, ByteDance's Volcengine said Doubao-Seed-2.1-pro updated to the 0915 release is fully available on Volcano Ark APIs, with Doubao Work upgraded in parallel and TRAE already connected. The company frames the refresh around production multimodal coding, more reliable agent delivery, and lower image and video inference token cost - reported as more than 30% below the prior generation - rather than a funding or consumer-chat story. Multimodal coding is the concrete product hook. ByteDance argues that enterprise intent often lives in screen recordings, UI sketches, and operator habits rather than clean documents. In an official case, Doubao-Seed-2.1-pro 0915 read an undocumented Java ERP of about 280,000 lines from a recording and a few sketches, inferred architecture, and generated a working mobile front end - shifting the interface from humans writing machine-readable specs toward models reading human visual expression. A second showcase used the open-source Luanti game repository - about 387,000 lines of code and 1,000 historical issues - with official patches held out. The model orchestrated multiple sub-agents for nearly 36 hours of root-cause analysis and cross-file repair; about 83% of tasks met a mergeable standard meant to reflect engineer-acceptable quality. Separately, the model rebuilt an interactive seasonal courtyard 3D scene from four design images, staging structure, water, vegetation, and camera effects. Volcengine also stresses agent reliability and cost. Prior benchmarks placed Doubao-Seed-2.1-pro in a leading cohort on Terminal Bench 2.1, SWE-Pro, SciCode, OSWorld, MobileWorld, and MMMU-Pro; the 0915 cut adds stronger evidence tracing, source authority checks, and verification for long research reports, plus denser document and engineering-drawing parsing. Token efficiency improvements for image and video inference are positioned for high-frequency enterprise API use. The release is a model-and-product update on Volcengine - not a financing announcement - and outside teams will still want to reproduce the ERP and Luanti merge rates on their own stacks.
ByteDance’s AI drug discovery unit Anew Labs has raised $290M at a $1.5B valuation from HSG, IDG and Hillhouse, Reuters reports.
ByteDance ties Doubao, Feishu and Volcengine into an AI office stack. Published: September 16, 2026 Want to read in a language you're more familiar with? At Feishu's 2026 conference, CEO Liang Rubo cast Doubao agents, Feishu collaboration and Volcengine models-and-compute as one enterprise stack, highlighting Feishu 8.0 Agent CLI endpoints rising from 247 to 767 and H1 ARR growth 2.5 times year earlier. ByteDance CEO Liang Rubo took the stage at the 2026 Feishu Future Unlimited Conference and Doubao Work kickoff to spell out how the company wants enterprise AI to ship: Doubao for intelligence and agents, Feishu for the collaboration workplace, and Volcengine for models, compute and enterprise tooling - wired as one operating picture rather than three siloed products. The appearance capped roughly two months of org moves that merged Feishu product into the Doubao reporting line and folded Feishu go-to-market with Volcengine into a shared to-B motion, after earlier steps that concentrated TRAE and Coze-related teams around Doubao and launched Doubao Work as a standalone desktop work agent. Product detail centered on Feishu 8.0's agent rewrite. Agents can be invited into Feishu groups as participants that draft documents, operate multidimensional tables, schedule meetings, join calls, browse cloud drives and kick off approvals. Feishu's Agent-facing command-line interfaces expanded from 247 functional endpoints in March to 767, with company demos also citing call success rising toward about 95% and invocation speed improving by roughly 39%. Separately, ByteDance introduced Doubao Work Partners - agents with independent identities, permissions and memory meant to sit in teams as standing members rather than one-off chatbots. Commercial metrics were framed as traction for the AI office bet. Feishu said first-half 2026 annual recurring revenue growth reached 2.5 times the year-earlier pace, more than 90% of new customers also bought Feishu AI products, and small-and-medium customer count rose about 70% over the past year. Liang argued that agents only create value when model capability, the live work environment and other agents stay tightly coupled - hence the Doubao-Feishu-Volcengine consolidation and a pledge to put more resources into the enterprise market. The stack is a concrete ops and product story for China's AI office race, not a financing announcement. How reliably group-resident agents execute long workflows, and how cleanly Volcengine-built custom agents land back inside Feishu permissions, will decide whether the integration reads as packaging or as a durable workplace platform.
ByteDance adds AI agents to Feishu in enterprise push. Published: Sep. 16, 2026 3:15 a.m. GMT+8 Gift this article 00:00 / 00:32 Listen to the full version ByteDance Ltd. launched a major update to its workplace collaboration app Feishu, embedding artificial intelligence agents more deeply into the product as chief executive Liang Rubo pledged to commit additional resources to the enterprise market. The move highlights intensifying competition among Chinese technology companies, including Tencent Holdings Ltd. and Alibaba Group Holding Ltd., as they seek to monetize AI by turning everyday office software into a key channel for corporate adoption. You've accessed an article available only to subscribers VIEW OPTIONS Unlock exclusive discounts with a Caixin group subscription - ideal for teams and organizations.
ByteDance spins off AI drug discovery unit ANEW LABS, raises $290M. Phemex News 2026/09/15 23:02 ByteDance has spun off its AI drug development unit ANEW LABS, which completed a $290 million funding round. The financing supports ANEW LABS as an independent AI-focused drug discovery company following its separation from ByteDance. Disclaimer: The content provided on Phemex News is for informational purposes only. Phemex do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. Phemex strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.