ByteDance’s international business, which includes TikTok, recorded about $15bn in sales for 2022, more than double from a year earlier. China revenues came in at about $70bn, another investor said.

ByteDance, whose investors include Sequoia-backed funds, was valued at $180 billion in a fundraising round in late 2020; chairman Zhang Yiming has an estimated fortune worth $35.8 billion on the ...

ByteDance posted a profit of $25 billion last year, the Financial Times reported. The TikTok owner increased its bottom line by almost 80% compared with 2021's $14 billion result. It was valued at ...

ByteDance unlikely to sell TikTok, as former Trump official plots purchase ... contributing what Financial Times reported was an unknown amount to Mnuchin's $2.5 billion private equity fund. ...

BYTEDANCE’S profit last year soared to a record, surpassing that of China technology giants Tencent Holdings and Alibaba Group Holding for the first time, the Financial Times (FT) reported.. Earnings ...

ByteDance, the Beijing-based parent company of video sharing app TikTok has started selling TikTok’s AI to other companies, the Financial Times reports (may require subscription). The company ...

Financial Times reports that ByteDance is set to list on the Hong Kong Stock Exchange in 2022. Skip to content. Toggle Navigation. News Events. TNW Conference June 19 ...

TikTok owner Bytedance could now be worth up to $100 billion based on recent prices for the Chinese company’s shares on secondary markets, according to the Financial Times. Why it matters: The new ...

ByteDance, the Chinese owner of ... its plan to go public with a listing in Hong Kong by early 2022 after addressing Chinese regulators' concerns, the Financial Times reported on Sunday. ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. ByteDance raked in a record underlying profit last year, overtaking China’s long-reigning tech giants ...