Volcano Engine

Beijing, Beijing, China · Founded 2021

10001+ employees

Sourced & current · updated May 11, 2026Website

ByteDance's wholly-owned enterprise cloud + AI services platform. RMB 12B revenue 2024 (~$1.7B), targeting RMB 25B 2025; #2 in China AI cloud (~13% market share H1 2025). Powers TikTok/Douyin ad infrastructure; Doubao LLM family.

Where they sit

Stack tier: Infrastructure & Data (B)

Customer Data PlatformAI-Powered PlatformDemand Side Platform (DSP)

#2 AI cloud provider in China (~13% market share H1 2025), backed by ByteDance's full technology and data ecosystem

Ownership

Parent: ByteDance