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Sources: ByteDance's EBITDA rose 60% YoY in 2023 to $40B+ and its sales rose from $80B to nearly $120B, passing Tencent's revenue and profi


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2024-04-10 15:01:24
milo
Cybersecurity Business

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Bloomberg:

Sources: ByteDance's EBITDA rose ~60% YoY in 2023 to $40B+ and its sales rose from $80B to nearly $120B, passing Tencent's revenue and profit for the first time  —  - Revenue at TikTok owner also grew substantially in 2023  — Company's US business is being challenged by lawmakers




Bloomberg:

Sources: ByteDance's EBITDA rose ~60% YoY in 2023 to $40B+ and its sales rose from $80B to nearly $120B, passing Tencent's revenue and profit for the first time  —  - Revenue at TikTok owner also grew substantially in 2023  — Company's US business is being challenged by lawmakers



Source: TechMeme
Source Link: http://www.techmeme.com/240410/p11#a240410p11


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