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ByteDance aims to match Meta sales in 2025 as TikTok gains steam
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ByteDance is targeting revenue growth of about 20% in 2025 despite a potential global economic downturn, a pace of expansion that could help it match Meta Platforms’s global business.
TikTok’s owner expects sales to increase to roughly $186 billion from $155 billion in 2024, people familiar with its finances said. That caps years of 20%-plus growth and would take the Chinese internet leader to just a whisker below Meta’s projected revenue of about $187 billion this year. ByteDance now claims more than 4 billion monthly active users for its suite…
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