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Inner memo: ByteDance seeks to extend China-based advert income from ~28B in 2020 to $39.8B in 2021; TikTok's Chinese language twin Douyin had 610-620M DAUs in March (Zheping Huang/Bloomberg)




Zheping Huang / Bloomberg:

Inner memo: ByteDance seeks to extend China-based advert income from ~28B in 2020 to $39.8B in 2021; TikTok’s Chinese language twin Douyin had 610-620M DAUs in March  —  – Firm is in search of to spice up China advert income by greater than 40%  — It is concentrating on e-commerce GMV of as a lot as 600 billion yuan





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