Is investing in Toutiao equal to investing in ByteDance? Will investors also own shares in Douyin?
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2Person Answer
如上所说，投资人投资今日头条，只能说在今日头条占用股份，但不代表也占有字节跳动和抖音的股份。
今日头条和抖音都是字节跳动的子公司，两者是平行关系，都是独立的法人。
Professional answer
As mentioned above, when investors invest in Toutiao, they can only be said to own shares in Toutiao, but it does not mean that they also own shares in ByteDance and Douyin.
Both Toutiao and Douyin are subsidiaries of ByteDance. The two are parallel and independent legal entities.
First of all, I will say yes!
The reasons are as follows: Toutiao, Douyin, Xigua Video, Fanqie Changting, Fanqie Novels, Dongchedi, Douyin Volcano Edition, etc. are all subsidiaries of ByteDance Technology Co., Ltd.
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