TikTok fuels ByteDance revenue as US ban looms: report / Photo: Kirill KUDRYAVTSEV - AFP
-
How Myanmar's junta-run vote works, and why it might not
-
Watkins wants to sicken Arsenal-supporting family
-
Arsenal hold off surging Man City, Villa as Wirtz ends drought
-
Late penalty miss denies Uganda AFCON win against Tanzania
-
Watkins stretches Villa's winning streak at Chelsea
-
Zelensky stops in Canada en route to US as Russia pummels Ukraine
-
Arteta salutes injury-hit Arsenal's survival spirit
-
Wirtz scores first Liverpool goal as Anfield remembers Jota
-
Mane rescues AFCON draw for Senegal against DR Congo
-
Arsenal hold off surging Man City, Wirtz breaks Liverpool duck
-
Arsenal ignore injury woes to retain top spot with win over Brighton
-
Sealed with a kiss: Guardiola revels in Cherki starring role
-
UK launches paid military gap-year scheme amid recruitment struggles
-
Jota's children join tributes as Liverpool, Wolves pay respects
-
'Tired' Inoue beats Picasso by unanimous decision to end gruelling year
-
Thailand and Cambodia declare truce after weeks of clashes
-
Netanyahu to meet Trump in US on Monday
-
US strikes targeted IS militants, Lakurawa jihadists, Nigeria says
-
Cherki stars in Man City win at Forest
-
Schwarz records maiden super-G success, Odermatt fourth
-
Russia pummels Kyiv ahead of Zelensky's US visit
-
Smith laments lack of runs after first Ashes home Test loss for 15 years
-
Russian barrage on Kyiv kills one, leaves hundreds of thousands without power
-
Stokes, Smith agree two-day Tests not a good look after MCG carnage
-
Stokes hails under-fire England's courage in 'really special' Test win
-
What they said as England win 4th Ashes Test - reaction
-
Hong Kongers bid farewell to 'king of umbrellas'
-
England snap 15-year losing streak to win chaotic 4th Ashes Test
-
Thailand and Cambodia agree to 'immediate' ceasefire
-
Closing 10-0 run lifts Bulls over 76ers while Pistons fall
-
England 77-2 at tea, need 98 more to win chaotic 4th Ashes Test
-
Somalia, African nations denounce Israeli recognition of Somaliland
-
England need 175 to win chaotic 4th Ashes Test
-
Cricket Australia boss says short Tests 'bad for business' after MCG carnage
-
Russia lashes out at Zelensky ahead of new Trump talks on Ukraine plan
-
Six Australia wickets fall as England fight back in 4th Ashes Test
-
Dental Implant Financing and Insurance Options in Georgetown, TX
-
Man Utd made to 'suffer' for Newcastle win, says Amorim
-
Morocco made to wait for Cup of Nations knockout place after Egypt advance
-
Key NFL week has playoff spots, byes and seeds at stake
-
Morocco forced to wait for AFCON knockout place after Mali draw
-
Dorgu delivers winner for depleted Man Utd against Newcastle
-
US stocks edge lower from records as precious metals surge
-
Somalia denounces Israeli recognition of Somaliland
-
The Cure guitarist and keyboard player Perry Bamonte dies aged 65
-
Draper to miss Australian Open
-
Police arrest suspect after man stabs 3 women in Paris metro
-
Former Montpellier coach Gasset dies at 72
-
Trump's Christmas gospel: bombs, blessings and blame
-
Russia lashes out at Zelensky ahead of new Trump meeting on Ukraine plan
NYSE - LSE
TikTok fuels ByteDance revenue as US ban looms: report
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.
Money taken in by TikTok last year accounted for a quarter of ByteDance's overall revenue, which reached a new high despite China operations slowing, according to the report.
ByteDance's profit grew 6 percent to $33 billion in 2024, The Information reported.
US President Donald Trump last week extended an April 5 deadline for 75-days for TikTok to find a non-Chinese buyer or face a ban in the United States.
Trump said Sunday there was a deal on the sale of TikTok, but tariffs recently imposed by Washington on Beijing derailed it.
ByteDance, while confirming recently that it was in talks with the US government toward finding a solution, warned that there remained "key matters" to resolve.
Y.Kobayashi--AMWN
