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In 2023, Beijing-based ByteDance reported approximately
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billion U.S. dollars in revenues, up by about
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percent compared to the previous year. ByteDance, also the owner of the popular Chinese news and content app Toutiao, has seen its major social video app TikTok faces several controversies since its stellar rise to popularity, especially in the United States. Alleging national security concerns, U.S. governmental institutions have been pushing the possibility to ban the app from the country, as India did in June 2020. Almost
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percent of U.S. citizens strongly approved of the U.S. government's request that the Chinese owners of TikTok sell their stakes. With its stock debut being on hold, the firm offered to repurchase up to
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billion U.S. dollars worth of shares from investors in December 2023, totaling
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Annual revenue generated by ByteDance from 2019 to 2023
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Bloomberg, & Reuters. (April 10, 2024). Annual revenue generated by ByteDance from 2019 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 14, 2025, from https://www.statista.com/statistics/1376941/annual-bytedance-revenue/
Bloomberg, und Reuters. "Annual revenue generated by ByteDance from 2019 to 2023 (in billion U.S. dollars)." Chart. April 10, 2024. Statista. Accessed November 14, 2025. https://www.statista.com/statistics/1376941/annual-bytedance-revenue/
Bloomberg, Reuters. (2024). Annual revenue generated by ByteDance from 2019 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 14, 2025. https://www.statista.com/statistics/1376941/annual-bytedance-revenue/
Bloomberg, and Reuters. "Annual Revenue Generated by Bytedance from 2019 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 10 Apr 2024, https://www.statista.com/statistics/1376941/annual-bytedance-revenue/
Bloomberg & Reuters, Annual revenue generated by ByteDance from 2019 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1376941/annual-bytedance-revenue/ (last visited November 14, 2025)
Annual revenue generated by ByteDance from 2019 to 2023 (in billion U.S. dollars) [Graph], Bloomberg, & Reuters, April 10, 2024. [Online]. Available: https://www.statista.com/statistics/1376941/annual-bytedance-revenue/
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