ByteDance - Financial Times
Jan 17, 2025 · Can Donald Trump save TikTok? Stay up-to-date with breaking news and top stories on ByteDance. In-depth analysis, industry insights and expert opinion.
TikTok owner ByteDance to buy back shares after ... - Financial Times
Dec 6, 2023 · ByteDance is tapping a cash pile of more than $50bn accumulated from its popular short-video apps to buy back up to $5bn worth of shares from investors.
TikTok’s US revenues hit $16bn as Washington threatens ban
Mar 15, 2024 · Three people with knowledge of its finances said the app, owned by Beijing-based ByteDance, achieved record revenues in the US in 2023. The $16bn they identified highlights the scale of the...
The Big Dilemma Facing ByteDance’s US Investors - The New York Times
Mar 15, 2024 · ByteDance investors’ phones are ringing off the hook, DealBook hears, as shareholders and potential advisers circle. They’re gaming out all manner of scenarios, including the worst case — a...
TikTok owner ByteDance plans to spend US$12 billion on ... - 商业 …
5 days ago · ByteDance plans to spend 40 billion yuan (S$7.45 billion) to acquire AI chips in China in 2025, the Financial Times report said, adding that the company will invest about US$6.8 billion overseas to ramp up its foundation model training capabilities using advanced Nvidia chips.
ByteDance - Wikipedia
ByteDance is backed financially by Jeff Yass's Susquehanna International Group, Primavera Capital Group, Kohlberg Kravis Roberts, SoftBank Group, Sequoia Capital, General Atlantic, and Hillhouse Capital Group. [35] [36] [37] As of November 2024, it was estimated to be valued at $300 billion. [38]
ByteDance plans to invest $12bn in AI infrastructure - Yahoo …
4 days ago · ByteDance is set to invest more than 87.2bn yuan ($12bn) in artificial intelligence (AI) infrastructure in 2025, aiming to leverage cutting-edge technology for growth, reported the Financial Times.
Exclusive-ByteDance Plans $20 Billion Capex in 2025, Mostly on AI ...
4 days ago · It was unclear how the 2025 plan compared with prior years as the private company does not disclose financial details. On Tuesday, the Financial Times reported ByteDance planned $12 billion for AI ...
ByteDance posts record profit despite TikTok losses - Financial Times
Apr 9, 2023 · ByteDance raked in a record underlying profit last year, overtaking China’s long-reigning tech giants Tencent and Alibaba for the first time even as losses mounted for its fast-growing TikTok...
U.S. Ban of TikTok Is Set to Deal a Major Blow to ByteDance, Its ...
Jan 17, 2025 · The company makes the biggest share of its revenue from another product, Douyin, a Chinese social media app. Including TikTok, ByteDance brought in roughly $73 billion in the first half of 2024 ...