• 11/10/2024

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

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

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

https://www.scmp.com/tech/big-tech/article/3258664/tiktok-owner-bytedance-denies-report-profit-surge-2023-prepares-launch-instagram-rival?utm_source=rss_feed