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Douyin's high adoption rate in Hong Kong reflects a broader trend among China's Big Tech firms to expand services beyond the ...
ByteDance (BDNCE) has seen a 63% surge in revenue from international operations to $39B in 2024, The Information reported Wednesday, citing a person with knowledge of the company’s financials.
Hong Kong – ByteDance’s revenue surged more than 30 per cent to surpass US$80 billion (S$106 billion) in 2022, matching the tally at archrival Tencent Holdings, after twin video platforms ...
TikTok's international revenue boomed last year as China-based parent ByteDance faced a deadline to sell the app or have it banned in the United States, The Information reported on Thursday.
ByteDance Ltd. is targeting revenue growth of about 20% in 2025 despite a potential global economic downturn, a pace of expansion that could help it match Meta Platforms Inc.’s global business.
TikTok and ByteDance plan to ask the Supreme Court ... American small businesses alone would lose more than $1 billion in revenue — even if the prohibitions are lifted after only a month.
Despite a legal battle over its U.S. assets, ByteDance’s global revenue grew 30% last year to $110 billion, Hurun said, helping to propel Zhang’s personal fortune. Third on the list was ...
The company makes the biggest share of its revenue from another product, Douyin, a Chinese social media app. Including TikTok, ByteDance brought in roughly $73 billion in the first half of 2024 ...
If ByteDance decides to sell ... Zino based his valuation on estimates of TikTok's U.S. user base and revenue in comparison to rival apps. Zino's estimate, however, is down from the more ...