TikTok fuels ByteDance revenue as US ban looms: report

The tech news outlet cited an unnamed person with knowledge of ByteDance financial data as saying the firm's revenue from international operations, mostly TikTok, soared 63 percent to $39 billion in 2024. ByteDance did not immediately reply to a request for comment on the data. Money taken in by TikTok last year accounted for a quarter of ByteDance's overall revenue, which reached a new high despite China operations slowing, according to the report. ByteDance's profit grew 6 percent to $33 billion in 2024, The Information reported.