Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

TikTok creator dances to revenue doubling

Published

on

ByteDance certainly has something to dance about… its increased its revenues 111 per cent last year to $34bn.

Earnings doubled

ByteDance is the Chinese company behind the smash-hit video app TikTok.. and its revenue jumped by one hundred and eleven per cent to 34.3 billion dollars fin 2020.

This shows TikTok’s global popularity and dominating presence in the world of social media.

It comes as ByteDance and several other Chinese technology giants have come under increasing pressure from governments around the world.

Image

ByteDance also saw its annual gross profit rise by 93 per cent to to $19bn dollars.

Bytedance’s performance by the numbers

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Money

What to expect for IPO markets

Published

on

With high interest rates and geopolitical uncertainty–what’s in store for IPO markets?

As the second half of 2024 begins, the IPO market is poised for a potential rebound after a sluggish start to the year.

With improving economic conditions and renewed investor confidence, more companies seem to be considering going public, creating market optimism.

However, challenges such as inflation and geopolitical uncertainties remain key factors to watch.

Dean Quiambao, a partner at Armanino joins Veronica Dudo to discuss what experts are predicting for the IPO landscape in the coming months and how businesses are positioning themselves for success.

#IN AMERICA TODAY #trending #IPO #IPOmarkets #ratecuts

Continue Reading

Money

ASX positioned for strong start after positive stock rebound

Published

on

The ASX is set for a solid opening today, bolstered by overnight gains in the banking, commodities, and energy sectors.

Despite these positive movements, analysts are suggesting that the stock rebound and bond decline appear to be technically driven, noting that it may not mark the beginning of a longer-term trend.

Market analyst David Scutt from StoneX joins to discuss the latest market movements. #featured #trending

Continue Reading

Leaders

Elon Musk is projected to become the world’s first trillionaire

Published

on

Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

Continue Reading

Trending Now