What is ByteDance? | CNBC Explains

Bytedance made $85.2 Billion in 2022😱 The guys talk about what generated that much cash for Bytedance is TikTok🔥 Is Bytedance going to crush 2023? From New York Post, “Beijing-based ByteDance’s finances showed that the company’s revenue advanced 38% in 2022, to $85.2 billion — a big increase that was nevertheless well short of the year-earlier jump of nearly 80%, according to The Journal. ByteDance’s cost of sales in 2022 was also up nearly 40% year over year, to $37.7 billion. However, the co