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Techmeme (techmeme@techhub.social)'s status on Thursday, 14-Mar-2024 21:21:45 JST Techmeme

ByteDance investors reassessing what the company's value would be without TikTok, estimate that TikTok lost several billion dollars in 2023 on revenue of ~$20B (The Information)
https://www.theinformation.com/articles/tiktok-ban-bill-spotlights-open-secret-app-loses-money
http://www.techmeme.com/240314/p4#a240314p4
In conversation about 8 months ago from techhub.social permalink
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  TikTok Ban Bill Spotlights Open Secret: App Loses Money
  
  from @
  
  TikTok, facing a growing threat of a U.S. ban, has been a global juggernaut over the past few years, drawing more than a billion monthly users and prompting rivals to launch similar services. But what is an open secret among investors is that the app loses money. TikTok’s parent, ByteDance, ...
2. Domain not in remote thumbnail source whitelist: tii.imgix.net
  
  ByteDance investors, reassessing what the company's value would be without TikTok, estimate that TikTok lost several billion dollars in 2023 on revenue of ~$20B
  
  From The Information. View the full context on Techmeme.

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