This is crazy!
Bytedance, the parent company of TikTok made $120 Billion in revenue and $40 Billions in Ebitda in 2023.
For comparison, Google made $97 Billion, Amazon got $100 Billion while Tesla just got little over $15 Billion in Ebitda in tge s
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Mahendra Lochhab
Content creatorĀ ā¢Ā 3m
OpenAI raising $40 billion at a $300 billion valuation in record funding round.
2 replies5 likes
Shivam Gupta
Business Finance And...Ā ā¢Ā 2m
Openai raised 40 billion at the valuation of 300 billion
4 replies4 likes
Shubham Khandelwal
Data Science Enthusi...Ā ā¢Ā 12m
šØ Mobile phone exports in FY2023-24.
China šØš³ - $132.5 billion(2.78%ā¬ļø)
Vietnam š»š³ - $26.27 billion (17.6%ā¬ļø)
India š®š³ - $15.6 billion (40% ā¬ļø)
The quick commerce market size is expected to reach USD 40 billion by 2030, a jump from USD 6.1 billion in 2024, according to the report by Datum Intelligence.
0 replies3 likes
Kimiko
Startups | AI | info...Ā ā¢Ā 2m
"Our GPUs are melting" is code for "you're making us spend our fresh new $40 Billion in funding way too fast"
4 replies21 likes
AjayEdupuganti
Hey I am on MedialĀ ā¢Ā 10m
Indiaās new age listed companies valuation crossed $100 Billion.
Total listed valuation: $65 billion
Current valuation: $100.5 billion
Out of which we got 4 decacorns
Zomato, Paytm, infoedge(listed in 2006), makemytrip
⢠Just 30 employees
⢠$547M in profits (2024)
⢠Has around $500M in cash reserves
⢠Paid off a significant chunk of its $2 billion debt
⢠Successfully monetised without intrusive ads
⢠Maintained user privacy and independence
⢠Recently surpas