In 2022, the Chinese tech company ByteDance reported to increase its costs of sales by 38 percent from last year to about 38 billion U.S. dollars. The short video giant significantly cut expenses in other aspects. Owning TikTok and Douyin, the most popular short video app in China, ByteDance has reached almost two billion monthly active users of its products.
Annual costs of ByteDance in 2021 and 2022, by business segment
(in billion U.S. dollars)
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Sina.com.cn. (October 3, 2023). Annual costs of ByteDance in 2021 and 2022, by business segment (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1424518/bytedance-annual-costs-by-segment/
Sina.com.cn. "Annual costs of ByteDance in 2021 and 2022, by business segment (in billion U.S. dollars)." Chart. October 3, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1424518/bytedance-annual-costs-by-segment/
Sina.com.cn. (2023). Annual costs of ByteDance in 2021 and 2022, by business segment (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1424518/bytedance-annual-costs-by-segment/
Sina.com.cn. "Annual Costs of Bytedance in 2021 and 2022, by Business Segment (in Billion U.S. Dollars)." Statista, Statista Inc., 3 Oct 2023, https://www.statista.com/statistics/1424518/bytedance-annual-costs-by-segment/
Sina.com.cn, Annual costs of ByteDance in 2021 and 2022, by business segment (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1424518/bytedance-annual-costs-by-segment/ (last visited November 22, 2024)
Annual costs of ByteDance in 2021 and 2022, by business segment (in billion U.S. dollars) [Graph], Sina.com.cn, October 3, 2023. [Online]. Available: https://www.statista.com/statistics/1424518/bytedance-annual-costs-by-segment/
