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Posts: 153
ByteDance, TikTok's owner, lost $2 billion in 2020. But that's nothing. They lost $7 billion in 2021. Doesn't matter, though.
Posted by
Mop (aka rburriel)
Oct 7 '22, 10:33
When you're the Chinese government looking to run a surveillance network across the whole of the free world, profit is secondary.
https://www.wsj.com/articles/tiktok-parent-bytedance-sees-losses-swell-in-push-for-growth-11665071238
(www.wsj.com)
Responses:
But what's the EBITDA? That's what matters!
-
Some Analyst
Oct 7, 10:39
2
Da bam da bam diggy diggy -- nm
-
Reagen
Oct 7, 11:25
1
L4.5. That's a Dennis Miller Ratio joke right there. -- nm
-
Barynn
Oct 7, 11:31
Step 1 - Let people upload videos. Step 3 - Profit! -- nm
-
Mop
Oct 7, 10:37
math is hard -- nm*
-
oblique
Oct 7, 10:36
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