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TikTok owner ByteDance denies report of profit surge in 2023, prepares to launch Instagram rival

ByteDance has refuted a news report saying the company’s profits rose 60 per cent to US$40 billion last year.

By: scmp.com

Apr 11 2024
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TikTok owner ByteDance denies report of profit surge in 2023, prepares to launch Instagram rival

ByteDance has refuted a news report saying the company’s profits rose 60 per cent to US$40 billion last year.

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China thwarts accurate audits of Xinjiang supply chains, US lawmakers hear