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Havish Gupta

Figuring Out • 10m

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 same period. I searched for Bytedance profit after reading yesterday's news of they taking a $9.5 Billion loan and was truly shocked by these numbers. Tho i couldn't find the Profits number, but it's still a lot! What do you think?

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