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BYTEDANCE REVENUE
China tech giant Tencent sees Q1 profit jump after AI betsTencent reported a 21% surge in quarterly net profit, reaching 58.1 billion yuan, driven by significant investments in the booming artifici...
China’s Meta backlash renders Manus model ‘officially dead’Beijing's order for Meta to unwind its $2 billion takeover of AI startup Manus signals a new era of regulatory scrutiny for China's tech in...
Apple’s Tim Cook takes on crucial new role: Global ambassadorTim Cook steps into a new role as executive chairman, dedicating more time to global diplomacy for Apple. He will engage policymakers world...
China’s Netflix expects AI to create bulk of shows in five yearsIQiyi Inc. is set to transform its operations, anticipating AI will generate most films and shows within five years. The company is launchi...
Huawei posts slower annual revenue growth of 2.2%Huawei's 2025 revenue grew 2.2 percent to 880.9 billion yuan. This growth was supported by its core network infrastructure and consumer dev...
Zhipu accelerates pivot to domestic chips amid AI boom in ChinaChinese AI firm Zhipu AI is boosting its use of local chips amid soaring computing needs. The company reported strong revenue growth for 20...
China's Zhipu posts 132% rise in annual revenue on AI boomZhipu AI reported revenue growth of 131.9% for 2025 on Tuesday, in its first results update since raising HK$4.35 billion ($554.9 million) ...
China tech giant Tencent logs 16% jump in annual net profitChinese internet giant Tencent on Wednesday reported a 16 percent jump in full-year net profit, with gaming still its main business driver ...
Oracle's stake in TikTok US joint venture is worth roughly $2 billion, filing showsOracle’s stake in TikTok’s U.S. operations is valued at about $2 billion after ByteDance created a majority-owned American joint venture to...
HSG's continuation fund to value ByteDance at up to $370 billion: ReportHSG, formerly Sequoia Capital China, is reportedly launching a new fund. This fund is expected to buy some of its shares in TikTok's parent...
ByteDance to get about 50% of TikTok US profit under Trump dealByteDance Ltd. is expected to receive a licensing fee of on all revenue generated from making its algorithm available to the US operating e...
TikTok may get $330-billion valuation in new share buybackByteDance, the parent company of TikTok, is planning a new employee share buyback, valuing the company at over $330 billion. This decision ...
TikTok owner ByteDance sets valuation at over $330 billion as revenue grows, sources sayThe company plans to offer current employees $200.41 per share in the repurchase programme, the people said, up 5.5% from $189.90 each it o...
TikTok owner ByteDance appoints lawyer Julie Gao as new CFOGao, currently a Hong Kong-based capital markets attorney at law firm Skadden, will be based in Hong Kong and Singapore once she joins Byte...
TikTok owner ByteDance's revenue growth slowed to 70% in 2021Chinese tech giants from Tencent to Alibaba have reported slowing growth amid a wide-ranging crackdown by the country's regulators who have...
TikTok-owner ByteDance to rake in $27 billion in ad revenue by year-end-sourcesThe company's overall revenue goal for 2020 is around $30 billion, Reuters previously reported, which means ByteDance's ad revenue in China...
ByteDance clocks Rs 3.4 crore profit in IndiaThe company is up against Facebook and Google for user attention and advertising dollars in India, which is emerging as a key battleground ...