ByteDance Profit Jumps 60%, Taking It Past Archrival Tencent
Apr 10, 2024 · ByteDance Ltd.’s profit surged roughly 60% in 2023, outpacing the growth of online peers Tencent Holdings Ltd. and Alibaba Group Holding Ltd. in a sign of the TikTok owner’s resilience in the...
ByteDance’s Sales Break $110 Billion to Pass Tencent in 2023
Dec 21, 2023 · ByteDance Ltd.’s sales surged in 2023 to more than $110 billion, according to people familiar with the matter, potentially overtaking arch-foe Tencent Holdings Ltd. in a sign TikTok’s...
ByteDance full-year profit jumps 60%, Bloomberg News says
April 10 (Reuters) - TikTok-owner ByteDance's profit jumped roughly 60% in 2023, Bloomberg News reported on Wednesday, citing people familiar with the matter. The company's earnings before...
The U.S. wants ByteDance to sell TikTok. China is almost ... - NBC News
March 15, 2024, 12:51 AM PDT / Source: CNBC. By Arjun Kharpal, CNBC. The U.S. could be about to force ByteDance, the Chinese tech giant that owns TikTok, to divest its U.S. business or effectively ...
ByteDance must keep gatekeeper label, EU court says in boost for ...
BRUSSELS, July 17 (Reuters) - TikTok owner ByteDance on Wednesday lost its court challenge against its designation as a gatekeeper under landmark European Union rules, in a boost for antitrust...
TikTok owner ByteDance to buy back shares after amassing …
Dec 6, 2023 · ByteDance is tapping a cash pile of more than $50bn accumulated from its popular short-video apps to buy back up to $5bn worth of shares from investors.
How ByteDance Became the World’s Most Valuable Startup
Feb 24, 2022 · At just 10 years old, ByteDance, the most valuable startup in the world, has shattered records for growth. In 2021, with 1.9 billion monthly active users in 150 countries, and an employee base of...
ByteDance Offers Investors Share Buyback, Valued at $268 ... - U.S. News
Dec 6, 2023 · HONG KONG (Reuters) - TikTok owner ByteDance is offering to buy back around $5 billion worth of shares from investors at a price that will value the company at about $268 billion, two people...
ByteDance Eyes a New $185 Billion Business Ahead of Mega IPO
May 10, 2021 · Zhang Yiming built ByteDance Ltd. into the world’s most valuable private company via a string of blockbuster apps like TikTok that challenged Facebook and other incumbents on their own turf.
Bytedance Ltd | Reuters
Oct 29, 2024 · The latest international Bytedance Ltd news and views from Reuters - one of the world's largest news agencies.
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