Douyin established Zhihui Shugu Technology Company in Hangzhou.
According to the Enterprise Inquiry APP, recently, Hangzhou Zhihui Shugu Technology Co., Ltd. was established, with Lu Ting as the legal representative. Its business scope includes: computer system services; Internet data services; data processing services; data processing and storage support services, etc. Equity penetration shown by Enterprise Inquiry indicates that the company is indirectly wholly owned by Toutiao Group Limited.
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