TikTok generated $1.7 billion globally in sales from TikTok Live in just one quarter in 2023, with more than $400 million of that coming from the US, according to a newly unsealed lawsuit brought against the company in Washington.
At least three of Bytedance Ltd.’s major investors have marked up the TikTok-owner’s valuation to more than $400 billion, a sharp rebound for a Chinese social video leader that has been threatened with a US shutdown.
Chinese-owned video platform TikTok pledged to spend $8.8 billion in data center hosting services in Thailand over the next five years, more than doubling an earlier investment target for the ...
A newly revealed lawsuit against TikTok over kids' safety online is shedding light on the social media app's finances.
ByteDance Ltd. plans to buy back employee stock at a valuation of about $312 billion, a significant markup from previous levels that reflects a brightening outlook for Chinese tech shares.
ByteDance Ltd.’s TikTok is back on US mobile stores and the app that seemed poised to take its place has suffered a precipitous drop in interest.