The logo for the app TikTok is displayed at the TikTok Creator’s Lab 2019 event hosted by Bytedance Ltd. in Tokyo, Japan. (Photographer: Shiho Fukada)

TikTok-Owner ByteDance Plans First Foray Into Consumer Gadgets

(Bloomberg) -- ByteDance Ltd., owner of popular video app TikTok, is making its first foray into consumer hardware by developing educational gadgets.