TikTok owner ByteDance on track for $50 billion profit in 2025

ByteDance, parent of video sharing platform TikTok, is on track to earn profit of around $50 billion in 2025. This has been a record year for the Chinese social media leader as it makes major inroads into e-commerce and new markets.

TikTok owner ByteDance on track for $50 billion profit in 2025
ByteDance, parent of video sharing platform TikTok, is on track to earn profit of around $50 billion in 2025. This has been a record year for the Chinese social media leader as it makes major inroads into e-commerce and new markets.

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