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Apr 9, 2023 · ByteDance ’s profit came on the back of almost $85bn in sales in 2022, up more than 30 per cent from a year earlier, as advertisers increased spending on the fast-growing TikTok viral video ...
ByteDance, the company behind TikTok’s viral video sensation, is one of the few Chinese tech giants that have managed to secure vast app users on a global scale. At just ten years old, the short ...
Apr 13, 2023 · ByteDance can afford to be patient with the lossmaking Western app thanks to its lucrative Chinese version, Douyin. Last year the tech group as a whole made a gross operating profit of $25bn or so ...
Jun 17, 2021 · Arjun Kharpal @ArjunKharpal. Key Points. ByteDance’s revenue for 2020 totaled $34.3 billion, up 111% year-on-year. Its operating loss was $2.1 billion after posting a profit the year before. The ...
Jun 17, 2021 · SINGAPORE—ByteDance Ltd., the owner of popular short-video app TikTok, told employees that its revenue last year more than doubled to $34.3 billion, underscoring why the Chinese technology giant ...
Nov 30, 2018 · Bytedance, the owner of the wildly popular short-form video app, is now valued at more than $75 billion following a new round of investment. This means Uber has unexpectedly lost its long-held ...
1 day ago · ByteDance, Chinese technology company that developed novel video-sharing social networking applications, most notably TikTok. ByteDance also serves as the parent company of several popular social media and news apps. Early success. ByteDance was founded in 2012 by a development team led by Zhang Yiming and Liang Rubo.
