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TikTok proprietor ByteDance is anticipated to spice up its 2021 gross income by 60 per cent to 400 billion yuan (US$63 billion), based on a report by The Info on Tuesday.The expansion in gross income – whole gross sales earlier than payouts to advert companies are deducted – is slower than final yr when the determine greater than doubled to about 250 billion yuan, the report mentioned.A lot of the gross sales got here from its home apps Douyin, TikTok’s Chinese language model, and information aggregator Jinri Toutiao, though TikTok – the…
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