According to domestic media reports, ByteDance's strategic investment department has been disbanded recently, and some of its original department members have been appointed to other positions.
In the context of anti-monopoly, the investment strategies of Internet giants are beginning to shrink. A former ByteDance strategic investor confirmed that the news of the department’s dissolution was true, but did not explain the reason. The former ByteDance strategic investor was once responsible for ByteDance’s investment in the gaming field.
According to incomplete statistics, in 2021, ByteDance participated in a total of 51 investment and financing events, covering short videos, education, e-commerce, finance, games, enterprise services and other fields. Not only ByteDance, in 2021, 8 companies including Tencent, Xiaomi, Alibaba, ByteDance, Bilibili, Baidu, Meituan and JD participated in more than 600 investments, with a total investment amount of more than 350 billion yuan.
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