11 Apr TikTok owner ByteDance denies report of profit surge in 2023, prepares to launch Instagram rival
Posted at 11:00h
in Asia
ByteDance, the owner of short video app TikTok and its Chinese version Douyin, has denied a news report saying the company’s profits jumped 60 per cent last year, as it plans two new apps – one to rival Instagram and another targeting European users –...