Byte Dance releases 2020 figures
Byte Dance's 2020 revenue has reached CNY 236.6B, with an operating loss of CNY 14.7B. In this regard, the year-on-year revenue increase is 111%. By the end of 2020, the number of monthly active users of its products has reached 1.9B, based in more than 150 countries and regions in 35 languages. Currently, the company has offices in more than 30 countries with 110,000 full-time employees worldwide.
This briefing is contributed by and first appeared on CIMK.
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