ByteDance’s revenue in Q2 surpassed Tencent, narrowed gap to Alibaba and Meta

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TikTok owner ByteDance is threatening the long-established positions of China’s traditional “big three” tech firms – Baidu, Alibaba, and Tencent – with $29 billion in revenue and 40% year-on-year revenue growth in the second quarter this year. The Douyin operator’s earnings reached $54 billion in the first half of 2023…
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作者 gocpmall