Juro Osawa / The Information:
Sources: ByteDance generated $80B+ in 2022 revenue, up 30%+ YoY, after growing 70% between 2020 and 2021; TikTok represented ~12% of ByteDance’s total revenue — ByteDance, the Chinese owner of TikTok, generated more than $80 billion in annual revenue last year, up more than 30% …
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