【Request Movies】
Beijing-based ByteDance’s home-grown revenue only saw a 25% increase in 2022 to $69 billion from a year earlier,Request Movies while the TikTok owner achieved a nearly 150% increase in overseas earnings giving the company total earnings of $85 billion last year despite weakening advertising sales. The figures, reported by The Information, cited sources familiar with ByteDance’s financial results. Revenue from the company’s Chinese business still accounts for around 80% of the total, as national security concerns regarding TikTok continue to occupy Western countries. The report also noted that ByteDance had amassed 840 million daily active users outside China by the end of 2022, close to the 850 million daily active users the company has accrued on home turf. [The Information]
Search
Categories
Latest Posts
Don’t Troll, Organize
2025-06-25 22:48Go Tell it in the Mountain State
2025-06-25 20:35Popular Posts
Boeing Starliner arrives at ISS
2025-06-25 22:48Zoom to launch support for M1 Macs
2025-06-25 21:53The 16 very specific things we most loved this year
2025-06-25 21:28Mapping the Face of War
2025-06-25 20:51Featured Posts
Entitlements
2025-06-25 22:35'The Mandalorian' finale featured a guest appearance from the GOAT
2025-06-25 21:58How to clear your cache on Mac
2025-06-25 21:11China makes plans to ban gasoline cars
2025-06-25 20:36Louie and Roy
2025-06-25 20:11Popular Articles
New Atheism’s Idiot Heirs
2025-06-25 22:23Young, racial justice activist on why she fights for representation
2025-06-25 21:13Russia’s Zombie Election
2025-06-25 20:45Newsletter
Subscribe to our newsletter for the latest updates.
Comments (61291)
Era Information Network
New Iconoclasms
2025-06-25 22:39Treasure Information Network
Policeman stops traffic to rescue a tiny kitten trying to cross the road
2025-06-25 22:16Future Information Network
What you need to know about WiFi 6 and your new MacBook
2025-06-25 21:30Visual Information Network
Bungie responded swiftly to a hate symbol appearing in 'Destiny 2,' but questions remain
2025-06-25 21:05Fashion Information Network
Sex, Lies, and Videotape
2025-06-25 20:29