According to the British Business of Apps “TikTok App Report”, TikTok's revenue in 2024 increased 42.8% year-on-year to US$23 billion, making it the fourth largest social networking app in the world by revenue, after Facebook, Instagram, and YouTube. Also, according to the reporter's understanding, despite the increase in ByteDance's net profit in 2024 and the slowdown in profit margins, overseas business revenue, mainly TikTok, increased 63% year-on-year, accounting for a quarter of ByteDance's total revenue, the highest ratio in history. As of press release, ByteDance has yet to officially respond to the above data.

Zhitongcaijing · 07/24/2025 02:49
According to the British Business of Apps “TikTok App Report”, TikTok's revenue in 2024 increased 42.8% year-on-year to US$23 billion, making it the fourth largest social networking app in the world by revenue, after Facebook, Instagram, and YouTube. Also, according to the reporter's understanding, despite the increase in ByteDance's net profit in 2024 and the slowdown in profit margins, overseas business revenue, mainly TikTok, increased 63% year-on-year, accounting for a quarter of ByteDance's total revenue, the highest ratio in history. As of press release, ByteDance has yet to officially respond to the above data.