Iain Martin / Forbes:

Filing: TikTok's European revenue grew to $4.57B in 2023, up from $2.6B in 2022; losses almost tripled from $512M to $1.3B; ByteDance set aside $1B for EU fines  —  Bytedance has set aside the ten-figure sum to pay regulatory fines in Europe while facing a barrage of investigations …

Iain Martin / Forbes:

Filing: TikTok's European revenue grew to $4.57B in 2023, up from $2.6B in 2022; losses almost tripled from $512M to $1.3B; ByteDance set aside $1B for EU fines  —  Bytedance has set aside the ten-figure sum to pay regulatory fines in Europe while facing a barrage of investigations …

Source: TechMeme
Source Link: http://www.techmeme.com/241011/p11#a241011p11