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    Thursday, February 2
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    ByteDance Reportedly Suffered $84.9 Billion Net Loss In 2021 Amid Meteoric TikTok Growth

    October 10, 2022
    ByteDance Reportedly Suffered $84.9 Billion Net Loss In 2021 Amid Meteoric TikTok Growth

    Los Angeles The financials of TikTok parent company ByteDance have come to light, and the Beijing-headquartered entity reportedly suffered a multibillion-dollar operating loss in 2020 and 2021 as it pursued continued rapid growth for the video-sharing platform. ByteDance is said to have detailed its performance specifics in an internal report that was provided to certain employees…
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