M&A Deal Summary

ByteDance Acquires Oladance

On May 21, 2024, ByteDance acquired electronics company Oladance for 50M USD

Acquisition Highlights
  • This is ByteDance’s 1st transaction in the Electronics sector.
  • This is ByteDance’s 2nd largest (disclosed) transaction.
  • This is ByteDance’s 2nd transaction in China.

M&A Deal Summary
Date 2024-05-21
Target Oladance
Sector Electronics
Buyer(s) ByteDance
Deal Type Add-on Acquisition
Deal Value 50M USD

Target

Oladance

China
Oladance is an earphone manufacturer designed to keep users aware of their surroundings during activities like running and workouts.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

ByteDance

Beijing, China
Category Company
Founded 2012
Sector Internet Software and Services
DESCRIPTION

ByteDance is an Internet technology company operating several machine learning-enabled content platforms. ByteDance was founded in 2012 and is based in Bejing, China.

DEAL STATS #
Overall 3 of 3
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 3 of 3
Country (China) 2 of 2
Year (2024) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-10 Amcare Healthcare

Beijing, China

Amcare Healthcare is a private hospital group in China that focuses on providing premium obstetrics, gynecology (“OB/GYN”) and pediatrics service to mid- and high-end self-pay clients. Amcare Healthcare is based in Beijing, China.

Buy $1.5B
Mergr

Product

Company

Legal