'BYTE dance' profits rise 60%and outperforms its biggest competitors "tennent"

Byteedance’s profits increased by about 60% during 2023, surpassing the growth of the gains of its two peers, “Tinetnet Holdings” and “Ali Baba Group,” group, with reference to the flexibility of “Tech Talk” in light of the economic decline. The profits jumped before interest, tax, consumption and firefighting from about $ 25 billion in 2022 to more than $ 40 billion were calculated, according to people familiar with the matter, they asked not to reveal their identity due to the confidentiality of information, and they added that sales of the largest emerging company had risen in terms of market value. The first superiority to the biggest competitors, the results, indicates the superiority “Bait Dance” for the first time on its biggest competitors “Tenning” in terms of income and profits, because it benefited from the popularity of the images of popular tracks to expand its activities to international trading and the preserving of its worldwide popularity. Although the internal numbers of the business were not subject to independent investigation, it indicates that the giant of social media platforms full of advertising became one of the fastest growing technology companies in the world during 2023. Byte dance spokesman did not respond to a request for comment. Also read: The President of “Tek Tok” to “Al -Sharq”: We intend to improve our investments in Saudi Arabia, the owner of the “Tek Tok” platform and its Chinese counterpart, “Douyin” (Douyin) established its position last year as one of the largest internet businesses in China, together with ‘Tinten’ and a period of a period of foggy and a revival in the period of a period of a period of a period of a foggy and a Wara, which challenges the challenge in a period of a period of a foggy economic and a foggy economic and ‘consumers in the country. In the local market, “Dynin” becomes an extensive platform for all services similar to the “WeChat” application of “WeChat”, and it has managed by the additional features of “Ali Baba” in the E -Commerce market that dominates it, and “methan” for food delivery requests. Despite the strong results, ‘Byte Dance’ decided to make a comprehensive change to run its activities in China in February in February in February, as Kelly Chang retired from the post of CEO without appointing those who follow them up. The “Tiktok Shop” crisis in markets such as the United States and Southeast Asia has provided new sources of revenue other than digital marketing. “Tech Talk” is looking to increase the amount of E -trading activities in the United States this year. It is reported that the company has 170 million users in America. Also read: Biden and Shi discuss the fate of Tech Talk in the United States, this happens despite the existential crisis that “tik Talk” faces in its biggest markets in profits. In March, the US House of Representatives approved a bill to prohibit application in the United States, unless ‘Byte’ has sold the platform, which is the most precious asset, although the fate of the law was not resolved in the Senate. The re -election match between Joe Biden and Donald Trump later this year, as well as Beijing’s reaction, can hold things. The focus on obstetrician artificial intelligence, such as its peers in China, has begun ‘bee -dance’ in recent months to abandon high -risk bets. Hundreds of employees in the units of developing games and corporate software, which harmed the profitability, could not achieve the expectations. Instead, the company seeks to keep up with the development of obstetric intelligence, and the development of robots and a great language model of its own. The first shares of the “byte dance” stocks are still a decision, in light of the increase in the audit facing the company in the United States. Last December, the company offered shares of about $ 5 billion of investors with an evaluation of $ 268 billion. The highest assessment of the company has more than $ 400 billion during some private trade.