Report: TikTok’s parent company ByteDance revenues more than doubled to $17bn in 2019

Report: TikTok’s parent company ByteDance revenues more than doubled to $17bn in 2019

Report: TikTok’s parent company ByteDance revenues more than doubled to $17bn in 2019Last week, we were reporting on speculation that TikTok’s parent company ByteDance was being valued at more than $105bn in private trading of its shares. Now there’s some more information on how its business may have grown in 2019. It’s not official figures from the company, but rather a ‘people familiar with the matter’ briefing to news site Bloomberg. […]

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