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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.

TikTok drives ByteDance’s 29% growth while China business slows
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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