ByteDance forecasted to hit $50 billion profit in 2025 – reports
Chinese company ByteDance, owner of TikTok, is expected to post a record profit of approximately $50 billion for 2025, according to Bloomberg citing insiders. The company has already earned $40 billion in the first three quarters, exceeding its internal revenue targets.
Source Bloomberg
In addition, ByteDance announced a significant increase in employee compensation, with annual bonuses set to rise by 35% in 2025 and total payroll expenses growing by 150% compared to last year. Despite pressure from the US government, which previously threatened to ban TikTok over national security concerns, ByteDance has signed agreements to establish a joint venture involving American investors.
This financial success highlights ByteDance’s ambitious growth and its ability to navigate geopolitical challenges. Going forward, the company is likely to expand its global footprint through new strategic partnerships.
