ByteDance Announces $48 Billion Revenue for Second Fiscal Quarter
2025-08-28 / Read about 0 minute
Author:小编   

On August 28, international media outlets reported that ByteDance achieved a remarkable revenue of $48 billion in the second fiscal quarter, showcasing a substantial year-over-year growth. This impressive performance has enabled the company to establish a new share repurchase valuation exceeding $330 billion. Furthermore, ByteDance intends to buy back shares from its current employees at a price of $200.41 per share. Despite ByteDance's overall robust financial standing, its TikTok operations in the United States continue to operate at a loss. As of yet, ByteDance has not issued an official statement in response to these reports.