14 November 2023

Sources: ByteDance's revenue rose 40% YoY to $29B in Q2, with markets outside of China accounting for nearly 20% of its total; H1 2023 revenue was ~$54B (Cory Weinberg/The Information)

Cory Weinberg / The Information:
Sources: ByteDance's revenue rose 40% YoY to $29B in Q2, with markets outside of China accounting for nearly 20% of its total; H1 2023 revenue was ~$54B  —  ByteDance is closing the revenue gap with Facebook owner Meta Platforms as it generates more sales from advertising and e-commerce.

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