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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The post 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) appeared first on WorldNewsEra.