This article seems a little misleading... It says in the very beginning "Back then, the question was how a 29-year-old locally trained software engineer could

This article seems a little misleading... It says in the very beginning "Back then, the question was how a 29-year-old locally trained software engineer could outsmart the numerous news portals operated by the likes of social media behemoth Tencent Holdings Ltd. and extract profit where even Google had failed." This seems to suggest that he figured out how to make a profit. But then further down it says "But as with Facebook at the same stage of its life, Bytedance now faces questions over when or even how it will start making a profit." So now I'm not sure if it's making a profit or not.