【Second Hand Market Find A Seppa】
TikTok owner ByteDance is Second Hand Market Find A Seppathreatening the long-established positions of China’s traditional “big three” tech firms – Baidu, Alibaba, and Tencent – with $29 billion in revenue and 40% year-on-year revenue growth in the second quarter this year. The Douyin operator’s earnings reached $54 billion in the first half of 2023, close to Meta’s $60.6 billion for the same period, according to tech outlet The Information. ByteDance overtook rival Tencent in terms of total sales in the quarter, but failed to overtake e-commerce giant Alibaba. ByteDance’s revenue growth came mainly from advertising and e-commerce business, the report stated, with most of the firm’s earnings coming from its domestic market; overseas markets accounted for about 20% of its revenue during the period. [The Information]
Search
Categories
Latest Posts
4GHz CPU Battle: AMD 2nd
2025-06-26 16:21Huawei to unveil new foldable phone, the Mate Xs, in February 2020
2025-06-26 15:44Operation Mensch
2025-06-26 15:23Popular Posts
Productivity Boost: Enable 'Night Mode' on All Your Devices
2025-06-26 15:38The 7 protest moments that defined 2019
2025-06-26 14:51Boeing's Starliner didn't reach the ISS, but it made history
2025-06-26 14:48No Time for a Negative Peace
2025-06-26 13:44Featured Posts
10 Tech Predictions for 2017
2025-06-26 16:13Lyft's e
2025-06-26 16:03Operation Rock Wallaby rains food down on wildlife hurt by bushfires
2025-06-26 13:48Popular Articles
Lyft's e
2025-06-26 14:47Pixel 4 gets updated with better video calls, ever
2025-06-26 14:16Here are the glorious proposed logos for Donald Trump's Space Force
2025-06-26 13:49Newsletter
Subscribe to our newsletter for the latest updates.
Comments (7396)
Unique Information Network
Waitin’ on the Student Debt Jubilee
2025-06-26 15:54Travel Information Network
Organizations for supporting gender equality
2025-06-26 15:53Exquisite Information Network
How horny is 'Star Wars: The Rise of Skywalker?'
2025-06-26 15:52Steady Information Network
'Star Wars: The Rise of Skywalker' box office is a low for the trilogy
2025-06-26 15:28Co-creation Information Network
The Mismeasure of Media
2025-06-26 15:05