TikTok fuels ByteDance revenue as US ban looms: report / Photo: Kirill KUDRYAVTSEV - AFP
-
France, Germany reach deal on arms maker KNDS, paving way for IPO
-
Latest developments on Europe's heatwave
-
France set for hottest day yet of heatwave
-
Keir Starmer: downfall of UK's unpopular PM
-
Gaza's surfers seek solace in the sea
-
MEXC Lists Arcium (ARX) with 70,000 USDT in Airdrop+ Rewards
-
EasyJet rejects £5 bn takeover offer from US equity firm
-
Europe scorched by latest heatwave
-
Mediators hail 'progress' in US-Iran talks after lengthy opening session
-
UK's Starmer resigns as prime minister
-
Coffee break: Starbucks Korea stores pause for training after 'Tank Day' fiasco
-
Rightist leaders congratulate Colombian president-elect
-
Rare Philippine school shooting kills three teens, wounds seven
-
Kenya labour minister accused over Russian forced recruitment
-
Crude prices drop after 'positive' US-Iran talks
-
Some France schools closed for day of searing heat
-
Tuchel's England face defensive questions despite flying start at World Cup
-
Frankfurt to All Blacks: New Zealand pick first German-born player
-
Not just a hideout: Sahel forests provide base for jihadists
-
Ageless Messi has World Cup scoring record in his sights
-
Africa faces child surgery crisis as key anaesthesia runs out
-
Trump-backed populist wins razor-tight Colombia vote, sparking protests
-
J-Bay: S.Africa's surf mecca missing out on the global tour
-
'Progress', say mediators, after Iran-US talks towards ending war
-
Key points from the first round of Iran-US talks
-
European countries close schools, cancel trains as heatwave set to intensify
-
Crude prices drop, most stocks rise on 'positive' US-Iran talks
-
'Progress', say mediators, after Iran-US talks on ending war
-
Slimy beans: Japanese natto disgusts and delights the world
-
Clark wins despite hecklers but hopes not to be 'heel of the PGA'
-
Cape Verde targeting World Cup knockout rounds after Uruguay draw: coach
-
Father's Day near-miss at US Open brings Burns to tears
-
New coach Rennie names Savea as All Blacks captain
-
Scheffler praises Clark's resolve in gutsy US Open triumph
-
Yamal kickstarts Spain World Cup bid as Cape Verde stun Uruguay
-
Cape Verde fight back for second World Cup draw against Uruguay
-
Introduces POS Ready for FWA12 to Help Retailers and Restaurants Protect Payment Traffic
-
Best Gold IRA Companies for a 401(k) Rollover in 2026: Expert Rankings Released
-
InterContinental Hotels Group PLC Announces Transaction in Own Shares - June 22
-
Genflow Biosciences PLC Announces Participation at BIO International Convention 2026
-
Guardian Metal Resources PLC Announces Holding(s) in Company
-
Empire Metals Limited Announces Massive High-Grade Core Confirmed at Thomas
-
Apex Drills 14.9 m of 5.09 % REO and 12.3 m of 5.63 % REO with > 2.50 % REO Intercept Over 191.9 m in the Trinity Zone at the Rift Rare Earth Project
-
American Critical Minerals Mobilizes to the Green River Project to Commence Drill Pad Construction
-
CTT Pharma Signs LOI for Clinical Trials and Testing of Nicotine Products
-
Opti Digital Launches Insights Hub, a Unified Intelligence Platform for Publisher Revenue Growth
-
Who is the Best Plastic Surgeon for Skin Removal After Weight Loss?
-
Bear Robotics to Acquire Kinisi Robotics, Completing Its End-to-End Physical AI Robotics Platform
-
Mexican fans rally behind Iran as 'our second team' at World Cup
-
Iran-US talks to continue through the night
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.
E.Rodriguez--AT
