Financials

Estimates*

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues00000000000000000000
% growth-111 %75 %33 %-
EBITDA00000000000000000000
% EBITDA margin60 %55 %-31 %-
Profit00000000000000000000
% profit margin-(131 %)---
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Dealroom estimates

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DateInvestorsAmountRound
-investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor

$0.0

round
investor investor investor investor investor investor

$0.0

Valuation: $0.0

round
investor investor

$0.0

round
investor

$0.0

round
investor

$0.0

round
investor

$0.0

Valuation: $0.0

2.8x EV/LTM Revenues

round
*

N/A

Late VC
Total Funding000k

Recent News about ByteDance

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ByteDance is a dynamic technology company that operates a variety of content platforms designed to inform, educate, entertain, and inspire users across different languages, cultures, and geographies. Founded in 2012 by Yiming Zhang, ByteDance has quickly grown into a global powerhouse with a presence in major cities like Los Angeles, London, Tokyo, and Mumbai.

The company's flagship products include Toutiao, a news aggregation app, and Douyin, a short video sharing platform that gained immense popularity in China. Internationally, ByteDance is best known for TikTok, a short video platform that has taken the world by storm. Other notable products include Helo, a social media platform in India, and Lark, an enterprise collaboration tool launched in Japan and Singapore.

ByteDance serves a diverse range of clients, from individual consumers looking for entertainment and information to businesses seeking effective advertising solutions. The company operates in the highly competitive digital content and social media market, where it competes with giants like Facebook, Google, and Twitter.

The business model of ByteDance revolves around user-generated content and advanced algorithms that personalize the user experience. This keeps users engaged and coming back for more. ByteDance makes money primarily through advertising. Brands pay to place their ads on ByteDance's platforms, leveraging the company's sophisticated targeting capabilities to reach specific audiences. Additionally, ByteDance generates revenue through in-app purchases and partnerships.

In summary, ByteDance is a tech-driven content platform company that has successfully captured a global audience through its innovative products and effective business strategies.

Keywords: Technology, Content Platforms, Social Media, Short Videos, Advertising, Global, User-Generated Content, Algorithms, Entertainment, Education.