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
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.
India’s 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