Julie Zhu and Yingzhi Yang
The Latest
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Exclusive: TikTok-owner ByteDance To Rake In $27 Billion Ad Revenue By Year-end - Sources
TikTok-owner ByteDance is on track to generate at least 180 billion yuan ($27.2 billion) in advertising revenue in China this year, which will cement its no. 2 spot in China's digital ad market. 
TikTok-owner ByteDance is on track to generate at least 180 billion yuan ($27.2 billion) in advertising revenue in China this year, which will cement its no. 2 spot in China's digital ad market.
