TikTok owner ByteDance consolidates education products under new Dali brand
- ByteDance, with a valuation of US$140 billion, has rolled out at least nine education products since 2018
- The Beijing-based tech unicorn on Thursday launched a smart lamp under its Dali brand
Dali, which translates to “great strength” in Chinese, “will take over all of ByteDance’s education products”, said Chen Lin, the new business unit’s chief executive, at a press conference in Beijing on Thursday.
ByteDance – with a valuation of US$140 billion, according to CB Insights – has rolled out at least nine education products since 2018, including English-learning platforms for adults to multi-subject courses for children from grades one to 12.
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The launch of Dali – a name that comes from a popular meme on China’s social media several years ago – may put a fresh spin on ByteDance’s education efforts, which have experienced setbacks.
Gogokid, one of the company’s most popular English-tutoring platforms, laid off employees in April last year, according to a report by local magazine China Entrepreneur.