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TikTok Fuels ByteDance Revenue As US Ban Looms: Report

TikTok
International Business Times Fews App News Provider
Fews App Post Time 8d ago

US President Donald Trump says tariffs that he imposed on China derailed a deal that was coming together for China-based ByteDance to sell TikTok's operations in the United States AFP TikTok's international revenue boomed last year as China-based parent ByteDance faced a deadline to sell the app or have it banned in the United States, The Information reported on Thursday. The tech news outlet cited an unnamed person with knowledge of ByteDance financial data as saying the firm's revenue from international operations, mostly TikTok, soared 63 percent to $39 billion in 2024. ByteDance did not immediately reply to a request for comment on the data.

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