Sources: ByteDance's China revenue grew 25% YoY in 2022 to $69B, down from 68% YoY growth in 2021; overseas revenue grew from $6.5B in 2021 to $16B in 2022 (Jing Yang/The Information) 10-08-2023

Jing Yang / The Information:
Sources: ByteDance’s China revenue grew 25% YoY in 2022 to $69B, down from 68% YoY growth in 2021; overseas revenue grew from $6.5B in 2021 to $16B in 2022 — ByteDance might be best known globally as the parent company of TikTok, but the bulk of its money comes from its home base of China, thanks to its Chinese video app Douyin.