ByteDance's official financial statements or credible financial news outlets analyzing ByteDance's revenue sources

ByteDance Reports 60% Surge in International Revenue to $17 Billion for H1 2024

Nov 4, 2024, 09:56 PM

ByteDance, the parent company of TikTok, reported a significant surge in its international revenue for the first half of 2024. According to sources, ByteDance's international revenue grew by over 60% year-over-year, reaching approximately $17 billion in H1 2024. Overall, the company's total revenue, which includes its main Chinese apps Douyin and Toutiao, increased by 35% to about $73 billion. Despite concerns about a potential U.S. ban, TikTok's growth has remained robust, contributing to ByteDance's impressive financial performance.