TikTok's revenue in 2024 will reach $23 billion, accounting for a record high proportion of ByteDance's revenue
2025-07-24 10:45:42

The TikTok Application Report by the UK Business of Apps shows that TikTok's revenue in 2024 will increase by 42.8% year-on-year to US$23 billion, making it the fourth largest social application in terms of revenue in the world, second only to Facebook, Instagram and YouTube. According to the reporter, although ByteDance's net profit growth and profit margin both slowed down in 2024, the overseas business revenue mainly based on TikTok increased by 63% year-on-year, accounting for a quarter of ByteDance's total revenue, setting a record high. As of press time, ByteDance has not yet responded to the above data.
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