Business | ByteDance the night away

ByteDance, TikTok’s Chinese parent, reports a record profit

Just wait until the West’s favourite short-video app starts making money

A woman speaks on her phone near the logo for Douyin in Beijing on Wednesday, March 31, 2021. China's internet watchdog said Friday, May 21, 2021 it had found Bytedance's Douyin, Microsoft Bing, LinkedIn and 102 other apps were engaged in improper collection and use of data and ordered them to fix the problem. (AP Photo/Ng Han Guan)
Image: AP
Riding high: The lessons of America’s astonishing economy

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