TikTok drives ByteDance’s 29% growth while China business slows
While ByteDance's international business flourishes, the company must navigate competing demands from Washington and Beijing over TikTok’s future in the American market.
A person uses a laptop displaying the TikTok logo, with the Amazon logo seen in the background on April 11, 2025. ByteDance reported a 29% rise in 2024 revenue to $155 billion, driven by TikTok’s rapid international expansion. The company now faces mounting pressure to divest its US operations amid escalating trade tensions between Washington and Beijing. Image: Getty Images
A person uses a laptop displaying the TikTok logo, with the Amazon logo seen in the background on April 11, 2025. ByteDance reported a 29% rise in 2024 revenue to $155 billion, driven by TikTok’s rapid international expansion. The company now faces mounting pressure to divest its US operations amid escalating trade tensions between Washington and Beijing. Image: Getty Images
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