ByteDance's gross profit rose 93% to $19 bln last year - WSJ
- Country:
- China
TikTok Owner ByteDance's gross profit surged 93% to $19 billion last year, while its net loss for 2020 totaled $45 billion, the Wall Street Journal reported on Thursday, citing a memo.
The company's revenue last year more than doubled to $34.3 billion, the newspaper said https://on.wsj.com/3iI3mb0.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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