Chinese owners of TikTok sell their stakes. With its stock debut being on hold, the firm offered to repurchase up to five billion U.S. dollars worth of shares from investors in December 2023, totaling 268 billion U.S. dollars.
In 2023, Beijing-based ByteDance reported approximately 120 billion U.S. dollars in revenues, up by about 50 percent compared to the previous year. ByteDance, also the owner of the popular Chinese news and content app Toutiao, has seen its major social video app TikTok face several controversies since its stellar rise to popularity, especially in the United States. Alleging national security concerns, U.S. governmental institutions have been pushing the possibility to ban the app from the country, as India did in June 2020. Almost 30 percent of U.S. citizens strongly approved of the U.S. government's request that the Annual revenue generated by ByteDance from 2020 to 2023 (in billion U.S. dollars)
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Other statistics that may interest you TikTok
Overview
4
Performance
7
- Basic Statistic TikTok global quarterly downloads 2018-2023
- Premium Statistic Growth of TikTok iOS downloads worldwide Q4 2023, by market
- Basic Statistic Growth of TikTok Google Play downloads worldwide Q4 2023, by country
- Basic Statistic TikTok mobile app global IAP revenues 2018-2023
- Basic Statistic Global TikTok annual consumer spending 2016-2023
- Premium Statistic TikTok iOS revenue in leading markets Q4 2023
- Premium Statistic TikTok Google Play revenue in leading markets Q4 2023
Usage and demographics
5
- Premium Statistic Global TikTok users 2018-2029
- Basic Statistic TikTok penetration in selected countries and territories 2024
- Premium Statistic Countries with the most TikTok users 2024
- Premium Statistic TikTok: distribution of global audiences 2024, by age and gender
- Premium Statistic TikTok: distribution of global audiences 2024, by gender
Creators and content
6
- Basic Statistic Most watched TikTok videos of all time 2023
- Premium Statistic Most popular TikTok users worldwide 2024
- Premium Statistic TikTok: number of monthly postings 2023, by account type
- Premium Statistic TikTok: video views 2023, by length
- Premium Statistic TikTok: number of views per video 2023, by account type
- Basic Statistic Pet influencers on TikTok 2023, by followers
Community guidelines enforcement
8
- Basic Statistic TikTok: videos removed 2020-2023
- Basic Statistic TikTok: number of videos removed by country Q4 2023
- Basic Statistic TikTok: videos removed by automation 2020-2023
- Basic Statistic TikTok: accounts removed 2020-2023
- Basic Statistic TikTok: account removed 2020-2023, by reason
- Basic Statistic TikTok: live video sessions suspended 2023
- Basic Statistic TikTok: live video sessions restored 2023
- Basic Statistic TikTok: ads removed 2021-2023
Douyin usage in China
6
- Premium Statistic Monthly active users of leading short video apps in China 2024
- Premium Statistic Monthly active users of Douyin in China 2022-2024
- Premium Statistic Most-followed influencers on Douyin in China 2023
- Premium Statistic Industry distribution of mini-programs in China 2023, by mini-program platform
- Premium Statistic Live streaming usage rate on Douyin (TikTok) in China 2020-2023
- Premium Statistic Most successful luxury brands on Douyin in China 2024
Marketing and advertising
6
- Premium Statistic Social media platforms used by marketers worldwide 2023
- Premium Statistic Future use of social media among marketers worldwide 2023, by platform
- Premium Statistic Future use of video among social media marketers worldwide 2023, by platform
- Premium Statistic Social media platforms with highest ROI for B2B marketers worldwide 2023
- Premium Statistic Effectiveness of TikTok campaigns in advertising video content worldwide 2023
- Premium Statistic TikTok ad revenue worldwide 2020-2027
ByteDance brand
7
- Premium Statistic Highest valued unicorn companies worldwide 2023
- Premium Statistic Highest valued unicorn companies in China 2023
- Basic Statistic Most valuable brands worldwide 2024
- Premium Statistic Digital advertising revenue for major internet companies 2023-2027
- Premium Statistic TikTok/Douyin: brand value 2020-2023
- Premium Statistic ByteDance: annual revenue 2020-2023
- Premium Statistic ByteDance: quarterly revenue 2022-2023
Spotlight: U.S. TikTok ban
7
- Basic Statistic Global markets and institutions with a partial or total TikTok ban 2023
- Premium Statistic TikTok brand profile in the United States 2023
- Premium Statistic U.S. TikTok ban approval 2023
- Premium Statistic U.S. citizens approval rate of TikTok being sold or banned 2023
- Basic Statistic U.S. citizens approval rate of TikTok being sold or banned 2023, by party ID
- Basic Statistic U.S. adults believing TikTok to be a threat to the country 2023
- Basic Statistic U.S. adults who see TikTok ties to China as a national security risk 2023
Further Content: You might find this interesting as well
Bloomberg. (April 10, 2024). Annual revenue generated by ByteDance from 2020 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 16, 2024, from https://internal.statista.com/statistics/1376941/annual-bytedance-revenue/
Bloomberg. "Annual revenue generated by ByteDance from 2020 to 2023 (in billion U.S. dollars)." Chart. April 10, 2024. Statista. Accessed June 16, 2024. https://internal.statista.com/statistics/1376941/annual-bytedance-revenue/
Bloomberg. (2024). Annual revenue generated by ByteDance from 2020 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 16, 2024. https://internal.statista.com/statistics/1376941/annual-bytedance-revenue/
Bloomberg. "Annual Revenue Generated by Bytedance from 2020 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 10 Apr 2024, https://internal.statista.com/statistics/1376941/annual-bytedance-revenue/
Bloomberg, Annual revenue generated by ByteDance from 2020 to 2023 (in billion U.S. dollars) Statista, https://internal.statista.com/statistics/1376941/annual-bytedance-revenue/ (last visited June 16, 2024)
Annual revenue generated by ByteDance from 2020 to 2023 (in billion U.S. dollars) [Graph], Bloomberg, April 10, 2024. [Online]. Available: https://internal.statista.com/statistics/1376941/annual-bytedance-revenue/