The list of current and former investors in TikTok’s owner ByteDance include some of the biggest names in finance, including Sequoia Capital and General Atlantic—along with some of the biggest Chinese tech firms.
The Information has learned that Chinese internet giant Tencent, one of ByteDance’s biggest competitors, bought a stake of less than 2% in ByteDance in 2016 but has since sold the stake. Xiaomi, one of China’s biggest smartphone makers, invested in ByteDance in 2014. Other previously unreported investors include Singapore sovereign wealth fund GIC.