TikTok's Owner Doubles Sales to $35 Billion Despite U.S. Ban
TikTok’s Owner Doubles Sales to $35 Billion Despite U.S. Ban Bloomberg 1/27/2021 Zheping Huang © Bloomberg The button for ByteDance Ltd.'s TikTok app is arranged for a photograph on a smartphone in Sydney, New South Wales, Australia, on Monday, Sept. 14, 2020. Oracle Corp. is the winning bidder for a deal with TikTok’s U.S. operations, people familiar with the talks said, after main rival Microsoft Corp. announced its offer for the video app was rejected. (Bloomberg) -- ByteDance Ltd.’s revenue more than doubled to about $35 billion last year, defying heightened glo...
Source: msn.com