Sources: ByteDance acquires Chinese earphone maker Oladance, founded five years ago, for ~$50M, bringing on board seasoned ex-Bose engineers (Bloomberg)

Bloomberg:
Sources: ByteDance acquires Chinese earphone maker Oladance, founded five years ago, for ~$50M, bringing on board seasoned ex-Bose engineers  —  - Shenzhen-based startup is led by former Bose sound engineers  — TikTok owner sees future growth in wearables and generative AI