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ByteDance and TikTok

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Questions and Answers

ByteDance's profits in 2021 surpassed which two major Chinese tech companies for the first time?

Tencent and Alibaba (correct)

Baidu and JD)com

Huawei and Xiaomi

Meituan and Pinduoduo

What is the estimated 2022 EBITDA of ByteDance?

$30 billion

$25 billion (correct)

$20 billion

$15 billion

Despite TikTok's losses, what did ByteDance achieve in 2021?

A decrease in profits

A decrease in user base

Profitability (correct)

A decrease in revenue

How many monthly users does TikTok have in the US?

Over 150 million Signup and view all the answers

How much did ByteDance's international business, including TikTok, generate in sales in 2021?

$15 billion Signup and view all the answers

Despite a decrease in personal wealth, who remains the second richest entrepreneur under 40 globally?

Zhang Yiming Signup and view all the answers

What is the estimated valuation of ByteDance?

$220 billion Signup and view all the answers

Study Notes

ByteDance's profits in 2021 surpassed those of Tencent and Alibaba for the first time.
ByteDance's 2022 EBITDA is estimated to be around $25 billion, a 79% YoY increase.
Despite TikTok's losses, ByteDance achieved profitability in 2021.
TikTok has over 150 million monthly users in the US, but faces data privacy concerns and potential bans.
ByteDance's international business, including TikTok, generated around $15 billion in sales in 2021.
CEO Zhang Yiming's personal wealth decreased by $17 billion in 2021, but he remains the second richest entrepreneur under 40 globally.
ByteDance's valuation is estimated to be around $220 billion, with strong growth from Douyin.
ByteDance's IPO plans have been delayed due to various issues, including TikTok's potential ban.
TikTok has been banned or partially banned in over 12 countries due to security concerns.
ByteDance's resilience and growth in the face of challenges highlight its potential as a major player in the global internet industry.

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Description

How much do you know about ByteDance and its popular app TikTok? Test your knowledge with our quiz! Discover fascinating facts about the company's profits, estimated earnings, user base, and more. See how up-to-date you are on the latest news, including data privacy concerns, potential bans, and IPO plans. Whether you're a TikTok addict or just curious about ByteDance's business, this quiz will challenge and inform you.