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ByteDance on Track to Earn $27 Billion in Ad Revenue

By
Shai Oster
· · Source: Reuters

ByteDance is set to rake in the equivalent of $27 billion from ad revenue, Reuters said. The report is in line with a figure revealed  earlier by The Information. In July, The Information said that ByteDance’s advertising revenue was expected to rise 60% to as much as $27 billion this year, while the company will also generate revenue from ecommerce. The growth is coming mostly from its...

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