What are the related concept stocks in ByteDance?

With the rapid development of short video and live broadcast industry, ByteDance has become one of the most high-profile technology companies. As one of the most valuable technology companies in China, ByteDance has attracted much attention internationally. ByteDance's industries cover search engines, social networking, content creation, e-commerce and so on, which also makes investors pay more and more attention to its related concept stocks. So, what are the related concept stocks in ByteDance?

first, let's look at ByteDance's main business. ByteDance achieved business growth mainly through its short video platform Tik Tok, volcano video and news aggregation platform Today Headline. Therefore, among the concept stocks related to ByteDance, companies in the short video and news information industries are the most prominent. The following are several companies worthy of attention:

1. Aauto Quicker

Aauto Quicker is one of the largest short video social platforms in China, and it is known as "the three short videos" together with Tik Tok and Volcano videos. Aauto Quicker went public at the end of 218, making it the first time that a China technology company went public in the United States. There is a certain gap in the market share of Aauto Quicker and ByteDance's Tik Tok and Volcano Video, but in some sub-sectors, such as rural market and short video e-commerce, Aauto Quicker has obvious advantages.

2. Momo

Momo is an online social platform and one of the earliest mobile live broadcast platforms in China. Momo has a certain competitive relationship with ByteDance's Tik Tok and volcano videos, but Momo pays more attention to interaction and socialization. Momo's live broadcast business achieved good results during the epidemic, but it was also suppressed by the policy.

3. JD.COM

JD.COM is one of the largest self-operated e-commerce companies in China, and it has obvious competition with e-commerce platforms such as Taobao and Pinduoduo owned by ByteDance. However, JD.COM has also made a lot of explorations in the field of e-commerce live broadcast, and reached cooperation with ByteDance's short video platforms such as Tik Tok and Volcano Video. The live broadcast of e-commerce in JD.COM ushered in explosive growth during the epidemic and became an important part of JD.COM's business.

In addition to the above three companies, there are many companies related to ByteDance, such as Meituan, Baidu and Tencent. Although these companies do not completely coincide with ByteDance's business, they have certain cooperation and competition in some sub-sectors.

generally speaking, ByteDance's business covers many fields, such as search engine, social networking, content creation, e-commerce, etc., so the related concept stocks are also very diverse. Investors can combine their own investment strategies and industry analysis to choose the most suitable investment target.