Reuters reports that ByteDance has potentially ascended to the top spot among the world's highest-revenue social media companies in the first quarter of 2025, amassing over $43 billion in revenue. This figure surpasses Meta's earnings of $42.3 billion for the same period. Prior to this, The Information had noted that while ByteDance's overall net profit growth and profit margins slowed in 2024, its overseas business, primarily fueled by TikTok, achieved a remarkable 63% year-on-year growth, raising its share of total revenue to a quarter, marking an all-time high. This underscores the ongoing realization of the commercial potential inherent in ByteDance's globalization strategy.