China's ByteDance
China's ByteDance TikTok is only a fraction of ByteDance’s massive business portfolio, accounting for roughly 15% to 20% of its total global revenue. The remaining 80% to 85% of ByteDance’s revenue comes from "other things". ByteDance generated $186 billion in total revenue, making it the largest social media conglomerate in the world by revenue, even surpassing Meta. What ByteDance Owns Besides TikTok 1. Core Chinese Platforms (The Primary Revenue Engines) Douyin : Chinese version of TikTok. Far more advanced in social commerce . Users can buy groceries, book hotel rooms, and order food delivery directly inside the app. Toutiao : A highly popular AI-driven news and content aggregation platform in China. Xigua Video & Huoshan : Complementary video streaming platforms in China focusing on mid-form content and live streaming. 2. Global AI and Productivity Software CapCut : The world's most popular free mobile video editing app. Integrates with TikTok and monet...