TikTok owner ByteDance acquires cinema ticketing platform

Beijing-based ByteDance, an internet technology firm, has acquired cinema ticketing platform Leyinghui Cultural Media Co and comic platform Yizhikan. ByteDance, which also founded video-centric social media platform TikTok, has purchased Leyinghui from Shanghai-based Sky City Industrial Co. Leyinghui is a service provider of films, gifts, film entertainment marketing and other services. The company covers over …