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Don’t conflate ByteDance and TikTok. ByteDance makes the vast majority of its revenue from a mobile feed app called TouTiao and Chinese-TikTok called Douyin. It
by laser 6y ago
Don’t conflate ByteDance and TikTok. ByteDance makes the vast majority of its revenue from a mobile feed app called TouTiao and Chinese-TikTok called Douyin. It would be utterly insane if TikTok was making $5.6 billion a quarter already, but its likely not even at a tenth of that revenue yet.
- someperson 6y agoThanks for the correction. Both the cited CNBC and Reuters article made me presume the ByteDance earnings were for TikTok and Douyin combined, but I didn't know about Toutiao. Thanks again. Pity I can't update my post because it's closed for edits.