TikTok owner ByteDance's total revenue up 111% to $34.3b in 2020

TikTok owner ByteDance's total revenue up 111% to $34.3b in 2020

REUTERS/Danish Siddiqui

TikTok owner ByteDance’s total revenue more than doubled last year to $34.3 billion but its net loss widened to $45 billion, according to a company memo seen by Reuters.