The income of the tick owner doubles in one year

 

The Chinese company ByteDance, which owns the video sharing app TickTock, has earned twice as much as last year. This information has been published in a memo. In 2020, their revenue jumped 111 percent to  34.3 billion.

According to an internal memo released by the company, their revenue jumped 111 percent to  34.3 billion (24.6 billion) in 2020. The memo also found that in December last year, the platform had 1.9 billion monthly active users worldwide.

ByteDance's annual gross dividend rose 93 percent to বিল 19 billion. But at the same time, they have a net loss of 45 billion.