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BBCNEWS The Media Show July 13, 2021 00:47:00 - Vimarsana News

BBCNEWS The Media Show July 13, 2021 00:47:00

Of scale, i think it might be useful tojust give a bit of a primer— on bytedance itself. bytedance is, i would say, this hotshot chinese tech. unicorn that's possibly one i of the most valuable privately held companies in the world. and to give you a sense of scale, at its last - funding round it was valued at 180 billion us dollars, i which is quite an amazing - amount if you think about uber. uber in 2019 was 75 billion, so bytedance is effectivelyl twice that right now and it's not even listed. _ bytedance is valuable| for a very big reason — it's great at producing these fun and addict...

BBCNEWS The Media Show June 4, 2024 14:50:00 - Vimarsana News

BBCNEWS The Media Show June 4, 2024 14:50:00

An addictive app. - it has douyin and it- has today's headlines, which is a news aggregator, i and they have also other social media apps as well in their fold. and currently, they're pushing into new areas of growth such| as e—commerce and gaming, so all very lucrative areas. i but to give you a sense of how much bytedance as a parent _ company made last year, - they made in revenue 34 billion us dollars, and out of that, | it was 19 billion of profit. and how much of that was down to tiktok? bytedance actually didn't break down the numbers, so i am unsure. - but i can tell you that - tikto...