ByteDance Reports 63% Growth in Overseas Sales for 2024, Driven by TikTok

Despite U.S. regulatory challenges and new tariffs, ByteDance's international revenue climbed to $39 billion, with TikTok as the primary driver.

ByteDance's overseas revenue surged 63% in 2024, reaching $39 billion, primarily fueled by TikTok's growth.
International sales accounted for one-quarter of ByteDance's total $155 billion revenue, which grew by 29% year-over-year.
The company now ranks among the world's top internet firms, alongside Meta Platforms, which reported $164.5 billion in revenue last year.
Beijing has reportedly directed ByteDance to pause U.S. divestiture plans for TikTok due to new tariffs imposed by President Donald Trump.
ByteDance continues to expand TikTok Shop into international markets like Spain and Ireland, aiming to compete with e-commerce players such as Shein and Temu.