BEIJING/HONG KONG: Beijing-based ByteDance, the privately owned operator of short video app TikTok, booked around 40 billion yuan ($5.64 billion) in revenue for the January-March quarter, said two people with knowledge of the matter.
The figure represents growth of more than 130% compared with the same period a year earlier, said one of the people, who declined to be identified as the matter is private.
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