ByteDance confirmed that Chedi will become an independent company: based on the needs of normal business development

17:14 Update: In response to the fact that "Know Che Di will become an independent company", ByteDance confirmed the matter, saying that the registration and establishment of an independent company is based on the normal development of the business The need.

According to news from this site on January 10, according to "LatePost", ByteDance is moving relevant employees of Dongchedi to a newly established wholly-owned subsidiary, and the legal representative will be Dongchedi Strategy As the person in charge, a small number of ByteDance employees will take the lead in transferring their labor relations to the new company around the end of January. In the future, Understanding Car Emperor will have an independent office location.

According to reports, the establishment of a new company may be for the purpose of listing, or to find partners and introduce external shareholders; it may also be for independent accounting, cost reduction and efficiency improvement. It is understood that ByteDance has internally discussed the spin-off and listing of Dikedi, but there is no clear timeline .

Inquiries on this site found that Understanding Cars was originally from Toutiao Automobile Channel. It launched an independent App in 2017 and claims to have more than 240 million cumulative users.

However, Dingchedi is currently facing a series of controversies. The battery life test results of the 2023 winter test have aroused doubts in the industry. Low-ranking car companies, including Huawei, Great Wall Motors and Geely, have publicly questioned the winter test rules of the car emperor.

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