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ByteDance's Revenue is Running Close to Meta, With Significance Revenue Growth in Sdvertising and e-Commerce Business.

Release date:2023-11-15
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ByteDance's revenue is running close to Meta, with significance revenue growth in advertising and e-commerce business. It's reported that ByteDance's revenue in the second quarter increased by more than 40% year-on-year to 211.41 billion yuan, a growth rate far higher than other Internet companies. However, the company's heavy bet on the VR business is not going so well. There was news that ByteDance's Pico was to readjust its organizational structure.


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