TikTok fuels ByteDance revenue as US ban looms: report / Photo: Kirill KUDRYAVTSEV - AFP
-
Japan fans stunned as Brazil end their World Cup dream
-
Years on, families bury 68 Indigenous victims of Guatemala civil war
-
'Powerhouse' Haaland leads by example at World Cup: Norway coach Solbakken
-
'Deliberate' Monaco explosion wounds Ukrainian oligarch
-
Sadness and joy as breakaway Catholic group nears schism
-
Paraguay shock Germany, Brazil advance at World Cup
-
Germany dumped out by Paraguay in seismic World Cup shock
-
'I recognized her ring': identifying Venezuela's dead in a makeshift morgue
-
More than 1,000 drones detected since start of World Cup: FBI
-
Tuchel defensive headache as England ready for DR Congo clash
-
Extreme heat warning issued for World Cup host Kansas City
-
US reopens Venezuela port as quake deaths top 1,700
-
Bloodied but unbowed: Sinner, Djokovic survive Wimbledon scares
-
Coach says Japan getting closer to World Cup glory despite defeat
-
Djokovic battles past Wu in 'challenging' Wimbledon first round
-
NBA Grizzlies deal Morant to Portland: report
-
World Bank drops climate finance targets in renewed action plan
-
Sweden ready for 'game of our lives' in France World Cup clash
-
Ancelotti says never doubted 'suffering' Brazil would score
-
MLS Chicago Fire announce signing of Poland's Lewandowski
-
Venezuela's quake-hit La Guaira port 'operational': US military
-
Tech rebound lifts Dow to record, yen hits 40-year low against dollar
-
US Supreme Court rules on dragnet searches of cellphone location data
-
Madueke says he can be England's World Cup game-changer
-
South Korea fans target coach Hong with boos as World Cup squad returns
-
Switzerland returns famed Benin Bronzes to Nigeria
-
Vaughan calls for England change after Stokes bows out with defeat
-
Last-gasp Brazil down Japan to reach World Cup 16
-
Europe's deadly heatwave scorches east, Slovakia hits record
-
Spain confident despite World Cup injury setbacks, says Llorente
-
French Open champ Andreeva sails into Wimbledon second round
-
Martinelli scores in 95th minute to send Brazil into World Cup last 16
-
Shooter in custody dispute kills six at German family shelter
-
US races to reopen Venezuela port as quake deaths top 1,700
-
Latham hails 'old school' New Zealand after downing England
-
Serena set for much-anticipated Wimbledon return
-
US races to reopen Venezuela port for aid after twin quakes
-
Ex-NBA stars Malik Beasley, Ed Davis indicted in betting case
-
Paris funeral homes overwhelmed after record heatwave
-
France wary of Sweden side with 'nothing to lose' at World Cup
-
Pyjamas and bets: Brazil YouTube channel reshapes World Cup viewing
-
Bloodied but unbowed: Sinner avoids shock exit at start of Wimbledon title defence
-
Queueing, strawberries and all white: it must be Wimbledon
-
Top US court upholds $5mn Trump sex assault judgment
-
Stokes backs Brook '100 percent' to succeed him as England Test captain
-
Sinner survives scare to reach Wimbledon second round
-
Ebola outbreak in DR Congo spreads to fourth province
-
Six killed in German 'family tragedy' shooting: police
-
Czech Republic coach Koubek quits after World Cup flop
-
Osaka makes spectacular Wimbledon arrival in kimono-inspired dress
TikTok fuels ByteDance revenue as US ban looms: report
TikTok's international revenue boomed last year as China-based parent ByteDance faced a deadline to sell the app or have it banned in the United States, The Information reported on Thursday.
The tech news outlet cited an unnamed person with knowledge of ByteDance financial data as saying the firm's revenue from international operations, mostly TikTok, soared 63 percent to $39 billion in 2024.
ByteDance did not immediately reply to a request for comment on the data.
Money taken in by TikTok last year accounted for a quarter of ByteDance's overall revenue, which reached a new high despite China operations slowing, according to the report.
ByteDance's profit grew 6 percent to $33 billion in 2024, The Information reported.
US President Donald Trump last week extended an April 5 deadline for 75-days for TikTok to find a non-Chinese buyer or face a ban in the United States.
Trump said Sunday there was a deal on the sale of TikTok, but tariffs recently imposed by Washington on Beijing derailed it.
ByteDance, while confirming recently that it was in talks with the US government toward finding a solution, warned that there remained "key matters" to resolve.
L.Torres--PC
